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JUST IN: Coinbase Adds a New Altcoin to Its Listing Roadmap

source-logo  en.bitcoinsistemi.com 31 January 2024 07:53, UTC

According to the latest development, cryptocurrency exchange Coinbase added the Render (RENDER) altcoin to its roadmap for listing.

According to its official statement, Coinbase will support Render on the Solana network if it is listed.

Currently, the Render Network Foundation is coordinating the transition from ETH to SOL for the technical structure of the Render Network.

As part of the transition, RNDR tokens will be burned to be converted into RENDER. The RNDR token was already supported on the Ethereum network on Coinbase. With the new roadmap, Coinbase will support the new form of Render in Solana if it is listed. In its statement, the Render Network Foundation cited the potential of the SOL network to be faster, cheaper and better handle Render's broad vision as the reason for choosing Solana to migrate from Ethereum.

*This is not investment advice.

en.bitcoinsistemi.com