Does Coinbase Have a Diversification Problem?

Depending on how you look at it, this could be ominous for Coinbase’s future growth or simply a matter of common sense. ETH and BTC are the two largest networks, but that hasn’t prevented, say, Solana from finding a user base. Not every token will be a winner, but presumably unless something catastrophic happens recent launches like Sui and Aptos will find uses and users too.

Source: https://www.coindesk.com/consensus-magazine/2023/09/19/does-coinbase-have-a-diversification-problem/?utm_medium=referral&utm_source=rss&utm_campaign=headlines