Category: Cryptocurrency

  • Top Layer-1 Blockchain Coins to Watch in July 2026: Bitcoin, Ethereum, Solana, and More

    Top Layer-1 Blockchain Coins to Watch in July 2026: Bitcoin, Ethereum, Solana, and More

    Layer-1 blockchains are the backbone of the cryptocurrency ecosystem, enabling transactions, smart contracts, decentralized applications, and more. In July 2026, these foundational networks continue to attract significant investor attention. Here’s a look at the most promising Layer-1 coins to consider for your portfolio.

    Key Takeaways

    • Bitcoin remains the safest and most trusted Layer-1 cryptocurrency.
    • Ethereum leads the smart contract and decentralized application market.
    • Solana, Sui, and Hyperliquid offer higher growth potential with greater risk.

    Bitcoin (BTC) – The Gold Standard

    Bitcoin, currently trading at $63,056, is widely regarded as digital gold. Its limited supply and institutional adoption through ETFs make it a cornerstone of any crypto portfolio. While its growth may be slower than smaller coins, it remains the most secure choice for long-term investors.

    Ethereum (ETH) – Smart Contract Leader

    Ethereum, priced at $1,785, is the largest smart contract platform, hosting thousands of dApps, NFTs, and DeFi projects. Its robust community, staking rewards, and improved scalability keep it among the top Layer-1 investments for 2026.

    BNB and Solana – Strong Ecosystem Growth

    BNB ($570) powers one of the most extensive blockchain ecosystems, used for trading, payments, and DeFi. Solana ($76.6) is renowned for its high-speed, low-cost transactions, attracting developers in gaming and finance. Both networks continue to expand their user bases.

    TRON and Hyperliquid – Rising Stars

    TRON ($0.32) has become a key network for stablecoin transfers, handling billions daily. Hyperliquid ($60) is a newer Layer-1 focused on decentralized trading, gaining traction among traders despite higher risk.

    Cardano, Avalanche, Sui, and Aptos – Diverse Options

    Cardano ($0.16) emphasizes research-backed development and staking rewards. Avalanche ($20-25) allows custom blockchain creation, attracting enterprise users. Sui and Aptos, both modern Layer-1s, are growing rapidly with DeFi ecosystems, though they carry higher risk due to smaller market caps.

    Investment Strategy

    A balanced portfolio might include 35% Bitcoin, 25% Ethereum, 15% Solana, 10% BNB, 5% Avalanche, 5% Sui, and 5% Hyperliquid. For lower risk, stick with Bitcoin and Ethereum. For higher potential returns, consider Solana, Hyperliquid, and Sui.

    FAQs

    1. What is a Layer-1 blockchain?

    A Layer-1 blockchain is the main network that processes transactions and supports apps, smart contracts, and other blockchain services.

    2. Which Layer-1 coin is the safest to invest in?

    Bitcoin is widely considered the safest Layer-1 cryptocurrency because of its strong security and global adoption.

    3. Why is Ethereum still popular?

    Ethereum has the largest smart contract ecosystem and supports thousands of decentralized apps and crypto projects.

    4. Which Layer-1 coins have high growth potential?

    Solana, Sui, Hyperliquid, Avalanche, and Aptos are popular choices for investors seeking higher growth opportunities.

    5. Should beginners invest only in one Layer-1 coin?

    Many investors prefer a mix of Layer-1 coins to reduce risk and increase long-term growth potential.

    Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk; always do your own research before investing.

  • Pi Network Completes Slice Token Distribution as PI Price Struggles Near Record Lows

    Pi Network Completes Slice Token Distribution as PI Price Struggles Near Record Lows

    Pi Network has finalized the distribution of Slice, its second testnet token, while PI continues to trade under pressure near its July record low. The team announced the completion earlier today via X, allowing Pioneers to check allocations, token prices, liquidity access, and price movements inside the Launchpad application. At the time of reporting, PI was trading around $0.083 after another sharp decline.

    Slice Distribution Expands Launchpad Testing

    Pi Network launched its Launchpad testnet token program on PiDay 2026 (March 14). Nearly 480,000 users participated in the first testing phase, providing feedback that led the team to simplify participation, revise mechanics, and improve the user experience. The project introduced Slice in June to extend the testing process.

    Testing opened on June 12 and ran until Pi2Day on June 28. After weeks without updates, the team confirmed distribution completion. The Launchpad application now displays each user’s allocation, launch price, and effective token price, along with direct access to the SLICE liquidity pool. A new chart tracks Slice against test-Pi, enabling users to examine post-launch activity and observe how liquidity pools affect testnet pricing.

    PI Price Struggles Below $0.10

    PI fell 3.80% over 24 hours to $0.0829, extending a monthly decline of nearly 30%. The token remained about 17% above its July 14 low of $0.07072. Earlier, PI lost the $0.10 support level and reached a new record low near $0.07. A 20% daily rebound briefly pushed the token toward $0.10, but resistance halted that recovery. PI then dropped more than 10% to $0.082 after earlier signals pointed toward another rejection.

    The broader crypto market also declined 0.94% to $2.19 trillion. Coinglass recorded 83,203 liquidations worth $301.33 million during the same period. SoSoValue data showed $225.2 million in Bitcoin ETF outflows and $26.3 million in Ethereum ETF outflows. Bitcoin traded near $64,000, while Ethereum stayed above $1,850.

    Can PI Hold Above Its Record Low?

    A token unlock tracker listed 127.50 million PI for release over 30 days, based on data updated June 15. That amount represented 2.06% of 6.19 billion tracked locked tokens. At the listed valuation, the scheduled releases carried an estimated value of $10.65 million. The tracker projected an average daily release of 4.25 million PI, with the largest release scheduled for June 25 involving about 7.45 million PI (valued near $622,276).

    Unlocked tokens do not automatically reach exchanges, so scheduled releases do not create immediate selling pressure. However, they expand the amount holders can access during the tracking period.

    At reporting time, PI traded at $0.08348 after gaining 0.82% over four hours. Its Relative Strength Index stood at 34.46, close to oversold territory. The MACD line remained below its signal line, while the histogram stayed negative. Resistance sat near $0.090, followed by $0.095 and the major $0.10 level.

    Further weakness could send PI toward $0.078 or $0.075. A break below that range would expose the horizontal support area near $0.070. Separately, some users reported missing tokens and repeated failed wallet transactions involving unknown addresses. The supplied information did not include a formal team response to those complaints.

    Conclusion

    Pi Network completed the Slice testnet token distribution and added tools for tracking allocations, prices, and liquidity pools. However, PI remains under pressure near record lows as resistance and scheduled token unlocks affect market sentiment. Users should monitor support levels and official network updates closely.

  • France’s Proposed Crypto Bill Overhauls Tax Rules for Airdrops, Losses, and Executive Security

    France’s Proposed Crypto Bill Overhauls Tax Rules for Airdrops, Losses, and Executive Security

    French National Assembly member Paul Midy has introduced Bill 3090, co-signed by 91 lawmakers, aiming to reform cryptocurrency taxation, enhance executive safety, and expand blockchain testing. The proposal addresses airdrops, governance tokens, capital losses, small crypto payments, company records, and security expenses. Supporters argue that current rules create tax and safety challenges for French users and digital asset firms.

    Tax Changes Target Unrealized Crypto Assets

    The bill would tax airdropped tokens and governance tokens only when recipients sell them. Under current rules, a tax charge can arise upon receipt of tokens, before any sale generates income. Proponents say this aligns crypto assets with traditional securities in France, focusing taxation on the transaction that produces income rather than the receipt of an unrealized asset.

    The measure also permits crypto holders to carry capital losses forward for 10 years, matching existing stock market rules and allowing future gains to offset previous losses.

    Small Payments and Existing Tax Rates

    Another provision exempts annual crypto payments up to €1,000 (approximately $1,139) from taxation, reducing reporting duties for small purchases and routine digital asset payments. However, the bill does not change France’s flat tax rate on crypto gains, which rose to 31.4% at the beginning of 2026.

    Instead, the proposal modifies assessment and declaration procedures. It reportedly emerged from a legislative hackathon organized with ADAN, France’s digital asset industry association.

    Executive Safety and Competing Tax Direction

    Beyond taxation, the bill would conceal executives’ home addresses from public company registries and require companies to cover security costs when executives face credible threats. Midy introduced a related proposal in June 2025 after kidnapping attempts targeted figures in France’s Web3 industry. The new bill also seeks to open the European Union’s DLT pilot regime to SAS entities, allowing more French companies to test blockchain-based market infrastructure.

    Meanwhile, lawmakers are weighing these reforms against a separate levy on large digital asset holdings. In October 2025, the National Assembly narrowly approved an unrelated amendment targeting digital asset holdings above €2 million, imposing a 1% annual tax under an ‘unproductive wealth’ category. That amendment still requires Senate approval. Midy’s proposal remains pending as lawmakers prepare for further Senate review and National Assembly debate.

    Conclusion

    France’s proposed crypto bill would delay taxes on airdrops until sale, extend capital-loss carryforwards to 10 years, exempt small annual payments, and strengthen Web3 executive protection. As lawmakers debate competing tax approaches, users and companies should monitor the bill’s progress through the National Assembly and Senate.

  • Cardano Holds $0.163 Support as ADA Aims for Key $0.20 Breakout

    Cardano Holds $0.163 Support as ADA Aims for Key $0.20 Breakout

    Cardano’s ADA is trading near $0.163, holding a critical support level even as broader market weakness weighs on sentiment. The token slipped 2% in the latest session, mirroring a downturn across the crypto market as Bitcoin hovered around $64,000. Despite the price pressure, Cardano’s development roadmap—including a planned speed upgrade—continues to draw attention from analysts and investors.

    Governance and Speed Upgrade Draw Attention

    Charles Hoskinson, Cardano’s founder, highlighted the network’s governance model as a key differentiator from Bitcoin. He argued that Bitcoin’s ‘frozen in time’ governance creates a vulnerability greater than quantum computing, contrasting it with Cardano’s on-chain voting system, which could enable a coordinated shift to quantum-resistant cryptography. Meanwhile, Hoskinson reiterated that a planned network upgrade could deliver a 60-fold speed increase, strengthening Cardano’s long-term development narrative. However, these fundamentals have not yet translated into price action, as short-term momentum remains constrained by macro headwinds.

    ADA Holds the First Major Downside Target

    According to crypto analyst More Crypto Online, ADA has stabilized near $0.163, which coincides with the 78.6% Fibonacci retracement and marks the first major downside target on the chart. Holding this level offers short-term support, though a confirmed reversal is still pending. The wave structure suggests a completed A-B-C correction and a potential wave two bounce, but the larger corrective phase could still produce further losses. The key question is whether ADA can reclaim $0.20 before sellers push the token toward $0.092. A move above $0.20 would strengthen the case for a wave four bounce, potentially targeting $0.23 and $0.314.

    Key Levels Define ADA’s Next Move

    ADA faces its first major resistance at $0.20. A clear break above that level would provide the first technical sign that the recent low may hold. The next resistance points sit at $0.23 and $0.314, though reaching them would likely require broader market recovery and supportive Cardano developments. If volume remains low, ADA could continue moving between $0.16 and $0.18, maintaining a neutral short-term structure. The bearish scenario begins with a loss of $0.163, which could expose the $0.092 Fibonacci extension—nearly 40% below the current area.

    ADA remains within a multi-year downtrend that began after its 2021 peak above $3.00. The present move still forms part of that wider correction. As long as ADA stays below $0.20, the third wave may continue extending. Traders are therefore closely watching $0.163 for support and $0.20 for confirmation of a trend reversal.

    Conclusion

    ADA is holding near $0.163 as wider market weakness limits momentum despite Cardano’s governance claims and planned speed upgrade. A move above $0.20 could support targets at $0.23 and $0.314, while losing current support may expose $0.092. Market participants should closely monitor these levels before assessing ADA’s next direction.

  • Altcoin Market Rebounds: ONDO and BANK Surge on CLARITY Act Optimism

    Altcoin Market Rebounds: ONDO and BANK Surge on CLARITY Act Optimism

    The cryptocurrency market has recovered from several weeks of sluggish price action, with Bitcoin holding above key support levels and altcoins staging a strong rebound. Investor sentiment has improved amid expectations surrounding the CLARITY Act, a proposed U.S. bill aimed at establishing clear regulations for digital assets. Among the top performers are Ondo Finance (ONDO) and Lorenzo Protocol (BANK), both of which have attracted fresh capital due to strong fundamentals and renewed institutional interest.

    Key Takeaways

    • ONDO has gained momentum through its focus on tokenized real-world assets.
    • BANK has benefited from renewed investor interest in DeFi projects.
    • CLARITY Act expectations have boosted confidence across the crypto market.

    CLARITY Act Brings New Confidence

    The CLARITY Act is widely seen as a catalyst for the current market recovery. The legislation seeks to define the roles of regulatory agencies and create unambiguous rules for digital assets in the United States. Although the bill has not yet been signed into law, recent congressional discussions have fueled optimism among investors, who believe that clear guidelines will encourage broader participation from businesses and financial institutions.

    ONDO Stands Out Among RWA Projects

    Ondo Finance has emerged as one of the strongest performers during this rebound. The project specializes in tokenized real-world assets (RWAs), including U.S. Treasury products and other yield-bearing instruments. The RWA sector has grown rapidly as traditional financial firms explore blockchain technology for faster settlements and greater accessibility. At the time of writing, ONDO is trading around $1.40, with a market capitalization exceeding $4 billion—placing it among the largest projects in the real-world asset space. Daily trading volume has also risen as more investors enter the market. The recent price move has pushed ONDO above a key resistance level, and traders are watching to see if it can maintain its upward trajectory.

    Institutional Interest Supports ONDO

    Large-scale financial companies have increasingly turned to blockchain technology to enhance efficiency, reduce costs, and improve transparency. Ondo Finance has developed products that bridge traditional finance with blockchain, earning trust from institutional investors. Unlike purely speculative cryptocurrencies, ONDO’s focus on fundamentally sound applications makes it attractive during periods when investors prioritize quality over hype.

    BANK Records Strong Gains

    BANK has also delivered impressive returns in the latest rally. The token has gained momentum as investors return to promising decentralized finance (DeFi) projects. Higher trading activity and improved liquidity have supported its price growth. The positive mood across the crypto market has encouraged investors to look beyond Bitcoin and Ethereum for projects with higher growth potential, and BANK has emerged as a popular choice due to its expanding ecosystem and rising community interest.

    Bitcoin Creates Room for Altcoins

    Bitcoin has played a pivotal role in this recovery. After the world’s largest cryptocurrency found stability, traders began shifting capital into altcoins. Ethereum also posted steady gains, strengthening activity across the DeFi sector. This pattern has appeared in previous market cycles: Bitcoin moves first, then investors rotate into altcoins with strong narratives and solid development. This cycle, real-world asset projects and DeFi platforms have been the primary beneficiaries.

    Investors Stay Selective

    Despite the broad gains, experts do not believe a full altcoin season has begun. Money has flowed into a limited number of projects rather than the entire market. Investors continue to focus on cryptocurrencies with clear products, active development, and long-term potential. External factors such as economic conditions, interest rate decisions, geopolitical events, and future regulatory announcements remain influential. Many traders are therefore prioritizing quality over speculation.

    Why This Matters

    The recent rally in ONDO and BANK demonstrates that investors are paying closer attention to projects with real value and long-term potential. Clear crypto regulations could attract more institutional capital, strengthen market confidence, and support wider blockchain adoption. These developments may shape the next phase of growth across the digital asset industry.

    What Comes Next

    The next few months could be critical for the crypto industry. Progress on the CLARITY Act could further boost confidence and encourage institutional participation. Projects like ONDO, which already work closely with traditional financial products, stand to benefit. BANK could also attract more attention if interest in DeFi continues to grow. If favorable market conditions persist and regulatory clarity improves, both tokens could remain among the strongest performers in the current altcoin recovery.

    Frequently Asked Questions

    1. What is the CLARITY Act? The CLARITY Act is a proposed U.S. bill that aims to create clear regulations for digital assets and define the responsibilities of crypto regulators.
    2. Why has ONDO gained attention? ONDO has attracted investors because it focuses on tokenized real-world assets, including U.S. Treasury-backed financial products.
    3. Why is BANK rising? BANK has benefited from stronger interest in DeFi projects, improved market sentiment, and higher trading activity.
    4. What is driving the altcoin market recovery? Better Bitcoin stability, renewed investor confidence, and optimism about future crypto regulations have supported the latest rebound.
    5. Can the rally continue? Future gains will depend on broader market conditions, regulatory progress, institutional participation, and continued demand for high-quality crypto projects.

    Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk. Always conduct your own research before making investment decisions.

  • Pi Network Token Drops 10% as Whale Concentration and Token Unlock Schedule Weigh on Price

    Pi Network Token Drops 10% as Whale Concentration and Token Unlock Schedule Weigh on Price

    Pi Network’s native token, PI, has experienced a sharp decline of more than 10% in the past 24 hours, falling back toward its record low after failing to breach the critical $0.10 resistance level. The token is now trading around $0.082, reversing gains from a brief recovery that had lifted it nearly 20% from its July low near $0.07.

    The price drop comes amid growing concerns over wallet concentration and a scheduled release of 775.8 million PI tokens through the end of 2026. Data from PiScan shows that one wallet address among eight tracked holds nearly 494.6 million PI — representing 98.9% of the monitored supply. While this wallet may belong to an exchange, bridge contract, or project reserve rather than an individual holder, its size means any movement could significantly affect market liquidity.

    PI has followed a repetitive pattern for over a year: stabilizing, hitting a record low, rebounding sharply, and then facing rejection. The latest rejection occurred near $0.10, a level that has acted as strong resistance. Without a sustained move above $0.10, the token risks falling below $0.07 and entering price discovery territory with no historical support underneath.

    Token unlocks add further uncertainty. While greater circulating supply can improve market depth if demand is sufficient, it may also increase selling pressure if holders move newly unlocked tokens onto exchanges. PI has already dropped from the top 50 largest cryptocurrencies to outside the top 70, and a further decline could push it out of the top 100 by market capitalization.

    Investors are advised to monitor the $0.07 support level and watch for wallet activity that could signal changes in liquidity. The coming weeks will be critical for Pi Network as it navigates these supply-side pressures and attempts to regain upward momentum.

  • Crypto Market Roundup: Bitcoin ETF Outflows, Dogecoin Volume Surges, Samsung Wallet Stablecoin Support, Bitfinex El Salvador License, and Poolin Bankruptcy

    Crypto Market Roundup: Bitcoin ETF Outflows, Dogecoin Volume Surges, Samsung Wallet Stablecoin Support, Bitfinex El Salvador License, and Poolin Bankruptcy

    The cryptocurrency market saw a flurry of major developments on July 24, 2026, including significant outflows from spot Bitcoin ETFs, a sharp rise in Dogecoin trading volume, Samsung’s plan to integrate stablecoins into its mobile wallet, Bitfinex securing a license in El Salvador, and the former mining giant Poolin filing for Chapter 11 bankruptcy.

    Bitcoin ETFs See $225 Million in Outflows

    According to SoSoValue, spot Bitcoin ETFs recorded $225 million in net outflows on July 23. BlackRock’s iShares Bitcoin Trust (IBIT) led the outflows with $202 million exiting the fund. In contrast, the Morgan Stanley ETF MSBT saw the highest single-day inflow at $5.01 million, bringing its historical total net inflow to $400 million. Despite the daily redemptions, the cumulative historical net inflow across all spot Bitcoin ETFs remains robust at $51.626 billion, with total net assets of $78.817 billion and an ETF net asset ratio of 6.03%.

    Dogecoin Trading Volume Surges 123%

    Dogecoin (DOGE) experienced a remarkable spike in trading activity, with 24-hour spot volume jumping more than 123% to approximately $219 million. Futures volume also surged, reaching nearly $1.5 billion. Open interest exceeded $1.1 billion, indicating that leveraged traders remain heavily exposed despite the token’s struggle to break through key resistance. DOGE was trading at around $0.069, having faced yet another rejection below the 26-day exponential moving average at approximately $0.074.

    Samsung Wallet to Add Stablecoin Support

    During the Galaxy Unpacked event, Samsung Electronics announced plans to add stablecoin support to Samsung Wallet. Samsung product manager Lee Dinham stated that the wallet will expand beyond cash and savings to include stablecoins, enabling users to transfer digital value directly from their smartphones. The move positions Samsung as one of the first major smartphone brands to offer native stablecoin functionality, bridging traditional payments with blockchain-based digital assets.

    Bitfinex Secures El Salvador License

    Bitfinex has obtained a Digital Asset Service Provider (DASP) license in El Salvador, covering spot trading, crypto derivatives, and tokenized securities. The approval, announced on May 12, follows the registration of two Bitfinex-linked operating entities by the National Commission of Digital Assets on April 23. The license brings the core Bitfinex trading platform, Bitfinex Securities El Salvador, and Bitfinex Derivatives El Salvador under a single regulated framework in one of the world’s most crypto-friendly jurisdictions.

    Poolin Files for Chapter 11 Bankruptcy

    Poolin Technology Pte. Ltd., the Singapore-based parent of what was once a leading Bitcoin mining pool, filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of New Jersey after its Texas Bitcoin mining and hosting operations ceased on July 10. The filing includes U.S. affiliates Lonestar Dream Inc. and Lonestar Taproot LLC. Poolin lists estimated creditors between 10,001 and 25,000, assets of $1 million to $10 million, and liabilities of $100 million to $500 million. Chief Restructuring Officer Michael DuFrayne disclosed prepetition obligations of approximately $173.1 million, with $163.7 million in unsecured IOUs issued to Poolin Wallet customers after withdrawals were suspended during the 2022 crypto downturn.

    Frequently Asked Questions

    Why did Bitcoin ETFs record large outflows?

    Spot Bitcoin ETFs experienced net redemptions as investors booked profits and adjusted exposure amid volatile market conditions. Despite the outflows, cumulative historical inflows above $51.6 billion signal continued long-term institutional interest.

    Why is Dogecoin’s trading volume increasing?

    Dogecoin saw a surge in spot and futures trading activity as traders positioned for potential price movements. However, the token remains below key technical resistance levels, suggesting limited bullish momentum.

    What does Samsung Wallet’s stablecoin support mean?

    Samsung plans to integrate stablecoins into its wallet, enabling direct blockchain-based value transfers from smartphones. This marks growing mainstream adoption of digital assets through consumer technology.

    Why is Bitfinex’s El Salvador license important?

    The license allows Bitfinex to operate a regulated ecosystem for spot trading, derivatives, and tokenized securities in a crypto-friendly jurisdiction, enhancing its global regulatory standing.

    Why did Poolin file for Chapter 11?

    Poolin filed for bankruptcy after prolonged financial difficulties stemming from the 2022 crypto market downturn. The company reported liabilities up to $500 million, mostly tied to customer IOUs from suspended wallet withdrawals.

  • Top Tokenized Gold Investment Platforms for 2026: Blockchain-Backed Precious Metals

    Top Tokenized Gold Investment Platforms for 2026: Blockchain-Backed Precious Metals

    Investing in gold has evolved with blockchain technology. Tokenized gold platforms allow you to own physical gold digitally, offering transparency, liquidity, and fractional ownership. Here are the best platforms to consider in 2026.

    Pax Gold (PAXG)

    Each PAXG token is backed by one fine troy ounce of physical gold stored securely in professional vaults. It combines the stability of gold with the flexibility of cryptocurrency.

    Tether Gold (XAUT)

    XAUT enables global trading of tokenized gold while maintaining ownership of allocated physical gold. It’s ideal for investors seeking exposure to gold without storage hassles.

    Meld Gold

    This platform bridges physical gold suppliers with blockchain technology, ensuring transparent ownership records and easy transferability.

    Cache Gold (CGT)

    Cache Gold offers fractional ownership of vaulted gold with blockchain verification, making gold investment accessible to smaller investors.

    ComTech Gold

    A rapidly growing platform focused on secure digital gold investing, ComTech Gold emphasizes compliance and ease of use.

    VeraOne (VRO)

    Regulated for European investors, VeraOne provides physical gold-backed crypto assets with a strong focus on security and regulatory compliance.

    Kinesis Gold (KAU)

    KAU allows you to earn yield while holding gold-backed digital assets on the blockchain, combining passive income with precious metal exposure.

    Digix Gold (DGX)

    One of the earliest tokenized gold projects, DGX is backed by LBMA-certified gold, ensuring high standards of quality and trust.

    These platforms represent the cutting edge of digital gold investment, offering security, transparency, and global accessibility. Always conduct your own research before investing.

  • Coinbase Adds Native INJ Support: Trading, Deposits, and Withdrawals Now Live

    Coinbase Adds Native INJ Support: Trading, Deposits, and Withdrawals Now Live

    Coinbase has officially launched support for Injective’s native INJ token, enabling spot trading, deposits, and withdrawals directly through the Injective network. The update provides users with direct access to INJ transfers and exchange services without relying on wrapped or bridged versions.

    With this rollout, Coinbase customers can buy and sell INJ on the exchange’s spot market and transfer the token between Coinbase and external Injective addresses. The exchange documents asset launches and transfer availability on its status history page, allowing users to check current operating status before placing orders or initiating transfers.

    This launch follows a previous integration where Coinbase’s x402 protocol launched on Injective, enabling artificial intelligence agents to pay network fees. The latest update, however, focuses on direct retail access to INJ trading and native network transfers.

    Deposits and Withdrawals Enable Self-Custody

    Native support allows deposits and withdrawals to move through Injective’s own network infrastructure. Unlike a trading-only listing, holders can now withdraw INJ to compatible external wallets and deposit native tokens into Coinbase before selling or using exchange services.

    This functionality matters because it gives users control over where they store their tokens and allows them to move INJ between Coinbase, personal wallets, and other compatible platforms. However, customers must select the correct network before sending tokens. A transfer through an unsupported blockchain or token format could prevent Coinbase from crediting the deposit.

    Coinbase’s transfer guidance advises users to verify network compatibility and asset formats. Customers should review deposit or withdrawal details displayed inside their accounts before approving transactions.

    Listing Widens Injective’s Market Visibility

    As a widely monitored cryptocurrency exchange, Coinbase’s support increases INJ’s visibility among users who rely on the platform for spot purchases and digital asset transfers. The update covers three common exchange functions—buying, depositing, and withdrawing—through the Injective network.

    Broader exchange availability can make an asset easier to discover and access. Nevertheless, a new listing does not confirm future demand, market performance, or lasting price movement. This development follows other Coinbase events, including the settlement of the SEC’s Gensler-era lawsuit against the company.

    Users should confirm that Coinbase displays the native Injective network before transferring tokens and compare the displayed address and network details with their external wallet.