After receiving support for trading from Coinbase, the crypto-asset of a Solana network decentralized exchange (SOL), is experiencing significant gains in price.
Raydium (RAY), an altcoin, is now trading at $1.25. This represents a 6.8% increase over the last 24 hours. Coinbase announced that it would be able to trade the coin on their platform.
Says Coinbase for the social media platform X
“Spot trading for Raydium (RAY) will go live on 14 January 2026. The opening of our RAY-USD trading pair will begin on or after 9AM PT, if liquidity conditions are met, in regions where trading is supported.”
Coinbase.com and Coinbase Advanced, the US-based crypto exchange, will offer RAY. The asset can be accessed directly by institutions via Coinbase.
Coinbase recently added RAY to their cryptocurrency. listing roadmap Energy Dollar, a Solana alternative coin (ENERGY), as well as the Base eco-system coins Elsa and Sport.fun.
Coinbase states that they are considering future cryptocurrency listings but this doesn’t mean the asset is going to be traded.
“There will be times when an asset is delayed or removed from consideration for listing for any number of factors. While we will try to make every reasonable effort to minimize this risk of occurrence, it should be understood that all information in this blog is in no way intended to be relied upon as a promise or guarantee of listing.”
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Source: dailyhodl.com
