Coinbase, a major US cryptocurrency exchange, announced it’s considering adding three new Ethereum-based altcoins: AltLayer (ALT), Pendle (PENDLE), and Layer3 (L3). This announcement came via a post on X (formerly Twitter).
What this means: Coinbase’s listing roadmap is designed to be transparent and prevent manipulation of token prices. Adding a coin to the roadmap signals that Coinbase is actively evaluating it for potential listing on its exchange.
Price Reactions: The news sent the prices of these altcoins soaring.
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AltLayer (ALT): Saw a quick jump from $0.0354 to $0.0395, a gain of around 11%, before settling around $0.0376 (a 4% daily gain). AltLayer uses a technology called “restaked rollups” to improve the speed and efficiency of transactions on the Ethereum network.
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Pendle (PENDLE): Rose from $2.41 to a high of $2.59, an increase of roughly 7%, before retracting slightly to $2.47 (a 1.2% daily gain). Pendle focuses on trading and tokenizing financial yields.
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Layer3 (L3): Experienced the most dramatic increase, surging from $0.0577 to $0.103—a massive 78% jump—before settling at $0.0820 (a 38.6% daily gain). Layer3 is a platform that uses games to teach people about web3 technology.
Important Note: Investing in cryptocurrencies is risky. Always do your own research before investing, and only invest what you can afford to lose. This information is not financial advice./p>
