Share this article

Cryptos on Coinbase's New Exploratory List See Prices Jump 17% on Average

Most of the cryptocurrencies on Coinbase's new exploratory list saw their prices jump between 8% and 25% within a few hours.

Updated Sep 14, 2021, 8:50 a.m. Published Jun 11, 2020, 3:16 a.m.
Coinbase CEO Brian Armstrong
Coinbase CEO Brian Armstrong

Coinbase is looking at opening its doors to a range of new digital assets and the speculation is having an effect on their value.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

It would appear investors are valuing Coinbase' Digital Asset Framework when looking at potential listings for the exchange as most assets are up between 8% and 25% with an average of around 17%, according to data from Messari. KEEP Network's KEEP token saw the greatest spike, with its price rising to around $0.44.

The 19-strong list includes Aragon, Aave, Bancor, Siacoin, Origin Protocol, Ren and VeChain.

Other names on the U.S. exchange's list include Arweave, COMP, DigiByte, Horizen, Livepeer, NuCypher, Numeraire, Render Network, SKALE Network and Synthetix.

"Our decision to support any asset requires significant technical and compliance review and may be subject to regulatory approval in some jurisdictions," the Coinbase blog post reads.

As part of the process customers can expect to see public-facing application programming interfaces (APIs) and other such signs while the exchange conducts "engineering work to potentially support these assets."

The "Coinbase effect," or the announcement of a potential listing of digital assets to the U.S. exchange, has proved cumbersome to some projects in the past, with assets often rising in value before dumping shortly after their listing has been confirmed.

See also: Coinbase Custody Deleted Tweet That Could Explain Surge in Tether Addresses

"Over time we expect our customers around the world will have access through Coinbase platforms to at least 90% of the aggregate market cap of all digital assets in circulation," the blog post added.

Coinbase recently suffered a temporary outage on April 29 after as the price of bitcoin rallied to just below $9,000.

It's not the first time Coinbase has gone down during volatile trading days. In June 2019, the exchange’s site and API went down during a nearly $2,000 fall over a 15-minute period, an issue Coinbase Pro users appear to have experienced again in November 2019.

More For You

Protocol Research: GoPlus Security

GP Basic Image

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

More For You

IMF Flags Stablecoins as Source of Risk to Emerging Markets, Experts Say We Aren't There Yet

Globe (Subhash Nusetti/Unsplash)

The IMF warns that USD-pegged stablecoins could undermine local currencies in emerging markets by facilitating currency substitution and capital outflows.

What to know:

  • The IMF warns that USD-pegged stablecoins could undermine local currencies in emerging markets by facilitating currency substitution and capital outflows.
  • Despite concerns, experts argue that the stablecoin market is still too small to have a significant macroeconomic impact.
  • Stablecoins are primarily used for crypto trading, and their market size remains small compared to global currency flows.