{"id":92400,"date":"2024-09-06T16:21:39","date_gmt":"2024-09-06T20:21:39","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=92400"},"modified":"2024-09-06T16:22:57","modified_gmt":"2024-09-06T20:22:57","slug":"zksync-poised-for-breakout-as-coinbase-listing","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/zksync-poised-for-breakout-as-coinbase-listing\/","title":{"rendered":"zkSync Poised for Breakout Following Coinbase Listing Confirmation"},"content":{"rendered":"\n

Coinbase, the American crypto trading giant, has announced its support for the Ethereum layer 2 <\/a>scaling protocol zkSync (ZK).<\/p>\n\n\n\n

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Coinbase, the American cryptocurrency exchange, has announced the potential listing of zkSync (ZK)\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>, leading to a noticeable rise in the token's market value. <\/p>\n\n\n\n

The exchange has added ZK to its roadmap, indicating that the Ethereum Layer 2 scaling solution may soon be listed.<\/p>\n\n\n\n

zkSync Awaits Coinbase Decision<\/h2>\n\n\n\n

While traders and investors cannot yet transfer or trade assets under consideration on Coinbase, the announcement signals possible future trading. <\/p>\n\n\n\n

However, being placed on the roadmap does not guarantee a listing. <\/p>\n\n\n\n

Coinbase has clarified in a blog post that delays or removal from consideration may occur for various reasons.<\/p>\n\n\n\n

Although the listing is not confirmed, being included by Coinbase could be a significant boost for the zkSync ecosystem. <\/p>\n\n\n\n

The digital asset, currently priced at $0.1005, could see a surge toward a new all-time high (ATH).<\/p>\n\n\n\n

Two months ago, Binance, a leading cryptocurrency exchange, expanded its support for the ZK token, adding it alongside new trading pairs like dogwifhat (WIF) and LayerZero (ZRO). <\/p>\n\n\n\n

In June, Robinhood<\/a>, a commission-free crypto trading platform, announced plans to support zkSync trading, accompanied by an airdrop, which drove increased interest and trading volume for the cryptocurrency.<\/p>\n\n\n\n

This latest news from Coinbase could potentially lead to further price movement for ZK, which has already risen by 3.6% in the last 24 hours, with a low of $0.09858 and a high of $0.1045.<\/p>\n\n\n\n

Coinbase\u2019s Recent Listing Trends<\/strong><\/h2>\n\n\n\n

In recent months, Coinbase has supported various tokens, either by adding them to its consideration list like zkSync or through outright listings. <\/p>\n\n\n\n

On Thursday, the exchange announced support for two altcoins, Immutable and Flow Perpetual Futures, with both IMX-PERP and FLOW-PERP set to be listed on its international and advanced platforms.<\/p>\n\n\n\n

In August, Coinbase supported Across Protocol (ACX) and indicated a phased launch of the ACX-USD trading pair once the supply target was reached. This led to a 14% price increase for the asset. <\/p>\n\n\n\n

Similarly, Zetachain saw a 17% surge after being added to the exchange\u2019s listing roadmap in the same month.<\/p>\n","protected":false},"excerpt":{"rendered":"

Coinbase, the American crypto trading giant, has announced its support for the Ethereum layer 2 scaling protocol zkSync (ZK). Coinbase, the American cryptocurrency exchange, has announced the potential listing of zkSync (ZK) , leading to a noticeable rise in the token’s market value. The exchange has added ZK to its roadmap, indicating that the Ethereum […]<\/p>\n","protected":false},"author":56,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[20411,12489],"class_list":["post-92400","post","type-post","status-publish","format-standard","hentry","category-news","tag-coinbase-listing","tag-zksync"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/92400","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/56"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=92400"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/92400\/revisions"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=92400"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=92400"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=92400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}