Coinbase, one of the leading cryptocurrency exchanges, announced adjustments to its asset lineup effective in June 2025. The exchange plans to delist four crypto assets: Helium Mobile (MOBILE), Render (RNDR), Ribbon Finance (RBN), and Synapse (SYN) due to updated token versions no longer meeting listing requirements.
Simultaneously, Coinbase added two new assets, Fartcoin (FARTCOIN), a meme coin on Solana, and Subsquid (SQD), a decentralized data lake and query engine on Arbitrum, to its listing roadmap. While not yet tradable, these tokens will be listed contingent on market-making support and technical readiness.
Following the announcement, Fartcoin's price surged roughly 14% before correcting to a 9.8% net gain at around $1.04 with 24-hour volume soaring 100% to $411 million, elevating it to the sixth spot among trending coins on CoinGecko. Subsquid also experienced a moderate price rise of approximately 9%, later correcting to a 6.1% gain, trading near $0.20.
The roadmap also previously included PancakeSwap (CAKE), which initially rose 5.8% but later declined to $2.2. Coinbase has further expanded support on its international exchange for perpetual futures of various assets and allowed more tokens as collateral to enhance trading flexibility.
This move demonstrates Coinbase's ongoing strategy to refine its asset offerings by removing outdated tokens and exploring addition of growing projects, responding to evolving market demands and infrastructure capabilities.
