Coinbase recently added four new crypto projects to its listing, causing a significant surge in the prices of these assets.
Coinbase Adds New Projects
Yesterday, Coinbase Assets added four new crypto projects to its listing: Freysa (FAI) on Base, AltLayer (ALT) on Ethereum, Pendle (PENDLE) on Ethereum, and Layer3 (L3) on Ethereum. Prior to this, the exchange had separately announced the upcoming listing for FAI.
FAI, ALT, PENDLE, and L3 Price Surge
Following Coinbase’s listing announcement, the prices of all four digital assets saw a significant increase, demonstrating strong market confidence in FAI, ALT, PENDLE, and L3.
Price Trajectories of Digital Assets
At the moment of writing, FAI is trading above $0.018 with a market cap over $154 million, up by 7% in the last 24 hours. ALT is priced above $0.03, with a market cap over $104 million, up by 4%. PENDLE stands at $2.47 with a market cap exceeding $400 million, up by 1%. However, L3 is trading above $0.08 with a market cap of more than $31 million, showing a rise of 39%.
Coinbase's announcement significantly impacted the price rise of FAI, ALT, PENDLE, and L3, underscoring the importance of listing for digital assets.