Solana (SOL) is launching on Coinbase Pro
Starting Today Thursday May 20, transfer SOL into your Coinbase Pro account ahead of trading. Support for SOL will generally be available in Coinbase’s supported jurisdictions. Trading will begin on or after 9AM Pacific Time (PT) Monday May 24, if liquidity conditions are met.
One of the most common requests we receive from customers is to be able to trade more assets on our platform. Per the terms of our listing process, we anticipate supporting more assets that meet our standards over time. Most recently we have added trading support for Internet Computer (ICP), Cartesi (CTSI), iExec (RLC), Mirror Protocol (MIR), Tellor (TRB), Tether (USDT), Ampleforth Governance Token (FORTH),1inch (1INCH), Enjin Coin (ENJ), NKN (NKN), Origin Token (OGN), Ankr (ANKR) Curve DAO Token (CRV), Storj (STORJ), Cardano (ADA), SushiSwap (SUSHI), Polygon (MATIC), SKALE (SKL), The Graph (GRT), Aave (AAVE), Bancor (BNT), Synthetix (SNX), Filecoin (FIL), NuCypher (NU), Wrapped Bitcoin (WBTC), Balancer (BAL), Ren (REN) and Uniswap (UNI), along with supporting additional order books. Coinbase continues to explore support for new digital assets.
Starting immediately, we will begin accepting inbound transfers of SOL to Coinbase Pro. Trading will begin on or after 9am Pacific Time (PT) Monday May 24, if liquidity conditions are met.
Once sufficient supply of SOL is established on the platform, trading on our SOL-USD, SOL-BTC, SOL-EUR, SOL-GBP, and SOL-USDT order books will launch in three phases, post-only, limit-only and full trading. If at any point one of the new order books does not meet our assessment for a healthy and orderly market, we may keep the book in one state for a longer period of time or suspend trading as per our Trading Rules.
We will publish tweets from our Coinbase Pro Twitter account as each order book moves through the phases.
Solana (SOL) is a decentralized computing platform that uses SOL to pay for transactions. Solana aims to improve blockchain scalability by using a combination of proof of stake consensus and so-called proof of history. As a result, Solana claims to be able to support 50,000 transactions per second without sacrificing decentralization.
SOL is not yet available on Coinbase.com or via our Consumer mobile apps. We will make a separate announcement if and when this support is added.
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