Coinbase to List JitoSOL and MPLX for Trading
- Coinbase lists JitoSOL, MPLX for trading.
- JitoSOL linked with Solana’s staking.
- MPLX functions as an NFT protocol token.
Coinbase will list JitoSOL and MPLX for spot trading on the Solana network starting July 24, 2025.
Coinbase’s Strategic Listing
Coinbase, led by CEO Brian Armstrong, has announced the listing of JitoSOL and MPLX tokens, which will commence on or after July 24, 2025, on the Solana network. This announcement uses Coinbase’s verified channels, ensuring users are informed ahead of the listing. Coinbase to Begin Trading JitoSOL and MPLX on July 24, 2025.
JitoSOL is a staked SOL token from Jito Labs, while MPLX is associated with Metaplex’s NFT infrastructure. This move is anticipated to invigorate interest in Solana ecosystem tokens and correlated activities. As Stephen Hess, Founder of Metaplex, stated, “By listing MPLX, we are welcoming greater participation in our governance and expanding the use cases for NFTs on Solana.”
Historically, Coinbase’s listings prompt increased market attention. However, the listing also presents challenges such as the need for liquidity and jurisdictional adherence. These events serve as strategic moves in the evolving crypto landscape.
Analysts predict potential increases in Solana’s trading volume and staking activities. Coinbase’s listing typically impacts token prices and liquidity. The community watches closely, awaiting the on-chain data and post-listing market performance.
