To round out Q2 2025, Coinbase is listing four new tokens: Newton (NEWT), Sonic (S), Subsquid (SQD), and POPCAT. The latter two are specifically available in the EU, where Coinbase recently obtained the MiCA license.
With the exception of Sonic, most of these listings had a strange impact on the token prices. These actions seem perfectly explainable, and Coinbase is continuing to build a diversified portfolio of available assets.
Coinbase’s Newest Listings
One of the major listings from this round was Newton Protocol’s NEWT token. The token launched earlier today with an airdrop on Binance Alpha.
Coibase has acted quickly to capture the high enthusiasm surrounding NEWT with a listing on the same date.
Developed by Magic Labs, Newton Protocol is a crypto UX on-chain automation protocol powered by AI agents. It allows users to delegate complex, cross-chain actions to AI agents.
Over the past few months, Coinbase has seemingly accelerated its rate. Earlier this month, the US-based exchange listed PancakeSwap (CAKE) and Fartcoin – leading to a notable price impact.
Most recently, Coinbase received an MiCA license to enter the regulated EU market. As a part of its entry, the exchange has listed POPCAT and SQD for German residents.
SQD Monthly Price Chart. Source: BeInCrypto
The market impact of these listings was muted, as both tokens have been available on Coinbase in other regions. So, EU listing was highly priced-in.
Subsquid’s SQD token was also listed by Coinbase Global earlier this month, and now it’s available in the German market.
Regardless, the listing is a major boost for Subsquid’s ecosystem growth. The platform aims to power an open database network for AI agents, and increased availability can only help this goal.
Furthermore, Coinbase also announced the listing of Sonic (S) yesterday. The Layer-1 blockchain has been distributing one of its biggest airdrops throughout June.
Sonic saw notable corrections over the past week due to the high sell-off from airdrop recipients. However, the Coinbase listing has seen a sharp rebound in the altcoin’s price.
Sonic (S) Price Rebound After Coinbase Listing. Source: BeInCrypto
As per usual, Coinbase picked a scattershot of unrelated projects for its latest round of token listings. For example, NEWT and SQD both focus on AI, but they aim to use it in different ways.
At the moment, it doesn’t seem like Coinbase has any other big plans to change tactics for Q3. The exchange will undergo a systems upgrade next month, but it didn’t hint at any new features.
Read the full article here
