In April 2025, cryptocurrency exchange Coinbase officially added the Reserve Rights (RSR) token to the Ethereum Layer-2 Base network, boosting investor interest.
Listing of RSR Token on Coinbase
Coinbase announced the listing of the RSR token on its platform, which began on April 22, 2025, at 9 AM PT. Users can trade the RSR token in supported regions and perform transfers on both Coinbase and Coinbase Exchange.
Growing Interest in RSR Token
Immediately following the announcement, the price of RSR surged by over 17.39% in 24 hours, reaching a near two-month high of $0.008524. This increased interest in RSR is also notable given its rise of more than 31% over the last month.
Impact of Paul Atkins' Appointment on Crypto Regulation
The token listing coincided with Paul Atkins' appointment as the new Chair of the U.S. Securities and Exchange Commission (SEC), generating optimism within the crypto industry for a more favorable regulatory environment. Atkins previously served as an advisor to the Reserve Protocol, adding interest to his new initiatives in the cryptocurrency sector.
The listing of the RSR token on Coinbase, coinciding with Paul Atkins' appointment as SEC Chair, positively impacted its market value, linked to growing hopes for changes in cryptocurrency regulation.
