Coinbase, a leading cryptocurrency exchange, has announced the inclusion of Core (CORECHAIN) on its listing roadmap, resulting in a significant price surge for the digital asset. As of press time, Core's price has jumped by over 20%, making it the top gainer according to CoinMarketCap data. This update comes alongside other notable listings by Coinbase, further expanding its support for various cryptocurrencies.

Coinbase Broadens Its Cryptocurrency Offerings

By adding Core to its listing roadmap, Coinbase has increased the likelihood of listing the cryptocurrency on its exchange. While a final listing is not guaranteed, Coinbase's track record suggests that every cryptocurrency included on its roadmap has eventually been listed.

Core operates on a layer-1 blockchain network that is compatible with the Ethereum Virtual Machine (EVM). This compatibility allows for the execution of Ethereum smart contracts and the use of decentralized applications, potentially enhancing its adoption and popularity in the crypto market.

The Core network employs the "Satoshi Plus" consensus algorithm, which combines authorized Bitcoin mining hash power with Delegated Proof-of-Stake (DPoS). This innovative approach aims to improve network security and performance. Since the launch of its mainnet in January 2023, Core has risen to become the sixty-fifth largest cryptocurrency globally by market capitalization, which currently stands at $1,705,602,554. While Core is not yet traded on Binance, it can be found on other exchanges such as Bybit and OKX.

Positive Market Response to Coinbase Listing Roadmap

The announcement of Core's inclusion on Coinbase's listing roadmap has had a positive impact on its price, with a surge of over 20% in the last 24 hours. This listing roadmap inclusion is part of Coinbase's expansion strategy, which aims to provide its users with a diverse range of tokens and coins, including meme coins and major cryptocurrencies.

Coinbase has recently listed other notable cryptocurrencies, such as the Solana-based meme coin Bonk (BONK) for trading in New York. The exchange has also maintained its support for various digital assets despite ongoing discussions and regulatory actions regarding certain assets like XRP.

Furthermore, Coinbase plans to launch perpetual futures contracts for Shiba Inu (SHIB), FLOKI, and BONK on its Coinbase International Exchange and Advanced platforms on May 30.

The inclusion of Core on Coinbase's listing roadmap highlights the exchange's commitment to expanding its cryptocurrency offerings and providing its users with access to a wide range of digital assets. As the crypto market continues to evolve, such listings can contribute to the growth and adoption of emerging cryptocurrencies like Core.