Crypto Gloom

Zetachain Up 17% as Coinbase Announces Roadmap Listing

Coinbase Adds Zetachain to Listing Roadmap, Fueling Market Excitement

Coinbase recently made a big splash by announcing that it was adding: ZETACHAIN With the newly revamped roadmap section. This move created considerable excitement among investors, and Zetachain’s price surged by 17%. The digital asset reached a peak of $0.5177 before stabilizing with a 16.5% gain, highlighting that the market is expecting increased liquidity and market presence.

Coinbase’s Strategic Roadmap and Transparency

Coinbase’s decision to list Zetachain is part of a broader strategy to diversify its asset offerings and improve user experience. The exchange recently revamped its asset listing process, replacing the previous “Assets Under Consideration” list with a more transparent and user-friendly “Roadmap” section. This update aims to provide investors with more timely and accurate information about potential listings.

However, the exchange warned users that transfers and trading of these assets will not be supported until the official listing is confirmed. Coinbase It emphasized that depositing unsupported assets could result in permanent loss of funds, and urged investors to follow official announcements carefully. Coinbase also introduced an experimental label for newly listed assets, indicating the higher risks and potential rewards associated with these early-stage tokens.

Zetachain gains 17 as Coinbase announces roadmap listing. Photo 20240809154933

Zetachain Gateway Upgrade Improves Blockchain Interoperability

In parallel, Zetachain recently unveiled a significant upgrade to its platform called Gateway. This new feature enhances blockchain interoperability by allowing users to access applications across multiple networks supported by Zetachain.

The upgrade, which was released on July 18, introduced Gateway and Localnet, which improve connectivity across various blockchain ecosystems, including Bitcoin. The smart contract interface has also been revamped with gateway integration, allowing externally owned accounts (EOAs) to send tokens and interact with universal apps via unified APIs.

This innovation facilitates a more efficient hub-and-spoke model, simplifying the process of developers and users joining multiple blockchain networks without having to switch between them.