(CoinDesk) Solana’s native token SOL surged more than 17% to trade above $100 as the US crypto exchange listed the network’s ORCA and FIDA tokens.
The listing of the two tokens of Solana-based decentralized exchanges Orca and Bonfida marks the first time non-Ethereum assets have made their way into Coinbase.
The surge in SOL also follows a $109 million investment round of Phantom, which is Solana’s most used blockchain wallet. The funding was led by crypto investment firm Paradigm.
Following the listing, ORCA rose 36% to trade over the $4 mark, while FIDA rose from $2.0 to $2.77 before retracing by 50 cents.
SOLUSD is currently up +7.17%.
