Top US-based crypto exchange platform Coinbase is adding three new Ethereum (ETH)-based altcoins to its suite of products, causing the assets to skyrocket.
In a new announcement on the social media platform X, Coinbase says it’s adding support for decentralized roll-up protocol AltLayer (ALT), decentralized finance network Pendle (PENDLE), and gamified learning platform Layer3 (L3) nearly a week after adding them to its listing roadmap.
News of the additions sent all three altcoins flying, as AltLayer, a protocol that uses rollups to enhance scalability, went from a low of $0.037 on March 26th to a peak of $0.041 a day later. It has since retraced and is trading for $0.0407 at time of writing, a 8.3% gain on the day.
Pendle, a project that tokenizes yields, also saw gains as it went from a low of $2.83 to a peak of $2.99 during the same time frame. It too has retraced and is trading for $2.95 at time of writing, a gain…
