Solana, a smart contract-based platform that allows for decentralized trading of real estate.SOLAfter landing a place on Coinbase’s roadmap for listing, ) has seen a surge in popularity.
Coinbase Assets posted a message on X’s social media platform. announces The addition of DEX Parcl (PARCL() on its roadmap, which triggered a rally of nearly 50% in only 24 hours.
Coinbase utilizes the roadmap to promote transparency and stop insider trading of coin before their listing. The listing roadmap indicates that the company has decided the asset is likely to be traded in the near future.
Parcl allows you to invest and trade in real estate without owning any physical property. Synthetic Assets are blockchain representations of actual assets like stocks, securities, and real estate.
Parcl works By providing global city indexes to users and by allowing them the option of purchasing tokens which represent an investment in a particular index.
“City Indexes represent the aggregate value of real estate in a particular city. Instead of trading individual properties, you can trade the index price that represents the median price per square foot or square meter, giving you diversified exposure to an entire city’s real estate market.”
Here are some of the major cities tracked For trading, Parcl includes New York City, Miami Beach and San Francisco. Also, Austin, Los Angeles Los Angeles, Chicago Dubai, Chicago.
Parcl was trading at $0.516, a loss of over 5% for the day.
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