Coinbase has announced the addition of Shadow Token ($SHDW) and Neon EVM ($NEON), both Solana-based tokens, to its trading platform. The Pyth Network has also released a $SHDW/USD price feed, making it available on over 50 blockchains. This move is seen as a significant development for the Solana ecosystem, with the Shadow Token serving as the utility token for the decentralized data storage network, GenesysGo, and Neon EVM functioning as a smart contract on Solana. The listings have been met with positive reactions from the community, highlighting the growing interest and support for Solana ecosystem tokens. Additionally, the growth rates for $SHDW and $NEON were reported at 50% and 30%, respectively, following the announcement.
.@coinbase has added Shadow Token $SHDW and @NeonLabsOrg $NEON to its roadmap. The growth was 50% and 30%, respectively. https://t.co/tkZuaamaNs https://t.co/abKTaXT5wb
Very exciting to see more and more #Solana ecosystem tokens being added. Congrats to the $NEON and $SHDW communities! Huge wins for #web3 and #DePIN. https://t.co/pPMUK9Hjwy
Shout out to @Frank_theTrader, @tracy_codes, @_nighthawk69_, @fr4nz3r and the rest of the @GenesysGo team on the Coinbase listing of $SHDW! Looking forward to @SolanaCrossroad, mainnet launch, and many future milestones