News View Non-AMP

Coinbase Officially Announces Listing Of SWELL On Its Platform

Published by
Nidhi Kolhapur

In a latest development, Coinbase has officially announced the listing of Swell (SWELL) on its platform. Earlier, Coinbase had announced its plan to add support for Swell (SWELL) on the Ethereum network (ERC-20 Token).

After the listing announcement, the exchange noted that Swell (SWELL) is now live on coinbase.com & in the Coinbase iOS & Android apps with the Experimental label. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.

SWELL Making Strides

Swell Network is making significant progress in the Ethereum ecosystem with its advanced platform for liquid staking. It emerges as a decentralized, noncustodial liquid staking protocol that enables users to stake their Ethereum and earn passive income through blockchain rewards. I It is designed for stakers, node operators, and the broader Ethereum community, which allows users to stake ETH and receive swETH tokens.

Apart from representing the staked ETH, these tokens also generate yield rewards across the DeFi space.  In exchange for staking their ETH, participants receive a yield-bearing liquid staking token (LST), which represents their staked assets plus earned rewards. The network’s innovative L2 Proof of Restake mechanism strengthens security, enhances liquidity, and improves asset utilization, placing Swell as a strong contender for ETH stakers.

SWELL Records Massive Surge in Price, Volume After Listing

The listing of SWELL on Coinbase is a major milestone for the token. Following the news, SWELL’s price and trade volumes surged. At the time of writing, SWELL is trading at $0.05061, up over 60% in the last 24 hours.  Swell’s 24-hour trading volume has also surged over 140% to $322.33. 

With a total value locked (TVL) of $1.28 billion, Swell’s growing market presence reflects its increasing appeal and potential in the crypto space.

Nidhi Kolhapur

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

Recent Posts

This Hot New Altcoin In DeFi Is Turning Heads

As the month of May draws to a close, investors are searching for the best…

June 1, 2025

Best Crypto Coins to Watch This Week and Buy

This week’s crypto spotlight shines brightly on a select group of coins capturing investor interest…

June 1, 2025

Missed Bitcoin at $1? Bitcoin Solaris at $5 Is the Closest You’ll Get to a Real Second Shot

Most investors who passed on Bitcoin early didn’t lack belief — they lacked access, context,…

June 1, 2025

MOONPIG Price Crashes 65% & Kaspa Holds as Punisher Coin See Whale Action: Is this the Next 1000x Pump?

Is meme coin season peaking, or just getting smarter? Right now, Kaspa (KAS) market sentiment…

June 1, 2025

Pi Network 2025 Year-End Price Prediction

The Pi Network price charts are showing signs of brewing tension, with the price moving…

June 1, 2025

XRP Price News: Key Levels to Watch This Week

The cryptocurrency market continues to keep traders on edge, and XRP is no exception. Let’s…

June 1, 2025