Coinbase has announced the addition of four new cryptocurrency tokens to its listing roadmap, with plans to launch trading once specific operational conditions are met. The tokens include Raydium (RAY), a leading decentralized exchange on Solana; Energy Dollar (ENERGY), a Solana-based DePIN token; Elsa (ELSA); and Sport Fun (FUN), the latter two operating on the Base network.
The exchange stated that trading for these assets will commence only after confirming "market-making support and sufficient technical infrastructure." This move is part of Coinbase's transparency initiative, bringing the total number of assets on its current listing roadmap to nine. The other five tokens already on the roadmap are ImmuneFi (IMU), Sentient (SENT), Lighter (LIGHTER), Brevis (BREV), and MegaETH (MEGA).
Coinbase provided the specific smart contract addresses for each new token to aid user identification for on-chain operations. RAY and ENERGY are Solana Program Library (SPL) tokens, while ELSA and FUN are ERC-20 tokens on Base.
Raydium (RAY) is a major player in the Solana DeFi ecosystem. As of January 7, 2026, it boasted a total value locked (TVL) of $1.56 billion and recorded $11 billion in DEX volume over the previous 30 days. Its RAY token is used for governance and rewards.
The Energy Network, powered by the ENERGY token, is a decentralized physical infrastructure network (DePIN) on Solana designed to coordinate energy resources and reward efficient energy use. It is backed by investors including Multicoin Capital and Accel.
Sport.fun is an on-chain fantasy sports and prediction platform on Base where the FUN token facilitates in-platform transactions, fees, staking, and rewards. The platform launched recently, with a token sale in December 2025.
Detailed public information on the Elsa (ELSA) project remains limited. The announcement underscores the continued institutional and developer interest in both the Solana and Base ecosystems, with the latter being Coinbase's own Ethereum Layer-2 network.