30.07.2025 05:49
Coinbase, a prominent US cryptocurrency exchange, has broadened its platform by adding support for two new altcoins: BankrCoin (BNKR) on the Base network and Treehouse (TREE) on the Ethereum network. This expansion has immediately impacted market dynamics, causing notable short-term price increases for both tokens.
The addition of BNKR to Coinbase's trading options, as announced via X (formerly Twitter), is slated to begin around 9:00 AM Pacific Time on July 30th. Coinbase clarified that the rollout of the BNKR-USD trading pair will be phased, emphasizing the importance of using only the Base network for transfers to avoid irreversible fund loss. Geographic limitations on access to BNKR trading were also acknowledged, suggesting potential regional restrictions. This listing follows the addition of Jito Staked SOL (JITOSOL) and Metaplex (MPLX) to the exchange last week, all three having previously been featured on Coinbase's anticipated listings roadmap.
Simultaneously, Coinbase announced the immediate availability of Treehouse (TREE) on its website and mobile applications, though marked with an "experimental" label. This designation highlights the inherent risks associated with the token, reflecting its potential volatility or relative lack of established market history. Users can now buy, sell, convert, send, receive, and store TREE through Coinbase's platforms.
The Coinbase listings significantly influenced the price performance of both altcoins. BankrCoin experienced a substantial 88% price surge, peaking at approximately $0.00094 after starting near $0.00050, before settling at a still impressive $0.00061—a 20.8% overall gain. This demonstrably showcases the immediate market reaction to major exchange listings. The details of Treehouse's price movement were not specified in the source material from internet sources.