Coinbase, the largest U.S. crypto trading platform by volume, has officially listed Wormhole (W), a cross-chain protocol designed to enable seamless communication between different blockchains.
The move briefly sent the token soaring, marking a spike in investor interest.
The listing was announced on Coinbase’s official channels, confirming that users can now buy, sell, transfer, and store Wormhole on both desktop and mobile apps. This step marks a significant milestone for Wormhole, which supports interoperability across major chains like Base and BNB Chain—platforms linked to Coinbase and Binance respectively.
Following the announcement, the W token jumped from $0.61 to as high as $0.81 within 24 hours, before pulling back to just over $0.71 at the time of writing. Despite the retracement, the surge underscores the impact that a Coinbase listing can have on a digital asset’s visibility and price momentum.
Wormhole aims to power a new generation of decentralized applications (DApps) capable of sending tokens, NFTs, and verified messages across chains. With Coinbase now backing its native asset, the protocol could be poised for broader adoption.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/wormhole-listed-by-coinbase-as-demand-for-interoperability-grows/