With the upcoming launch of Soneium and the growing attention the project is receiving, I believe a Coinbase listing would be a strategic move for Astar. Here are a few reasons why a listing on one of the world’s most influential exchanges could be beneficial:
Global Visibility: Coinbase is one of the world’s highest trading volume exchanges, consistently appearing in the top 5 by volume(it has maintained the 3rd position for a long time compared to other exchanges). A listing on this platform would put Astar in the spotlight of millions of users around the world, providing visibility and increasing interest in the project, especially among investors in the United States.
Access to a Diverse User Base: Coinbase has a large user base, which includes not only retail investors, but also institutional investors and developers. This type of visibility is crucial for Astar, which is looking to expand its network and raise awareness of its innovative ecosystem in the blockchain space.
Synergy with Soneium Adoption: A Coinbase listing in conjunction with Soneium’s launch could put Astar in the spotlight, just as the community begins to recognize the value of the ecosystem. The synergy between the listing and the Soneium release could help create a wave of positive attention for both projects.
A Coinbase listing would be a great opportunity to amplify Astar’s reach. What do you think?
Thanks for bringing up the topic, and I couldn’t agree more, but trust me, it’s not as easy as it sounds Astar Foundation is in close contact with all T1 exchanges, but some take more time or require more than others.
I can ensure that we are working on maximizing ASTR’s global reach on many layers, but some are more difficult than others.
I completely agree! A Coinbase listing would be a strategic move to increase Astar’s global visibility and attract a diverse user base, especially with the launch of Soneium.
The synergy between the two events could significantly boost interest and adoption within the ecosystem.
Hi @EMANUCT96 , your proposals in the forum are always interesting and super pro expansion of Astar in the crypto world. I like it hahaha. I agree that listing on COINBASE is a nice goal to achieve and can bring a lot of visibility and buying pressure for $ASTR given the great importance of this CEX in Web3. I agree with @Maarten that this is not such an easy and immediate thing because these first-rate CEXs have very high listing standards and it is not so immediate. But I’m sure we’ll get there, with the next few months and the increasingly close relationship between Astar, $ASTR, Soneium and the entire superchain, I believe we have great things waiting for us on the horizon
The listing of the ASTR Token on Coinbase represents a significant milestone, expanding its global visibility, facilitating access for investors and strengthening its position in the cryptocurrency market.
I’m sure it will be easier to get on board with those T1 Cex when Soneium is active and the Astar token is available on the various Defi protocols of that Ecosystem, because by demonstrating the use of the token within Soneium it will be easier to expand it within the Superchain. It’s just my opinion, greetings to all.
in fact my proposal was aimed at that (a synergy with the release of soneium to put astar even more in the spotlight). I’m sure the best is yet to come
Thank you for this proposal… I agree with you 100%, but as Maarten mentioned, getting listed on exchanges is very complicated. It’s not something that depends only on one party but also on the other party.
I hope we’ll have some news regarding this listing soon.
Yes, listing on Coinbase is a very big step and a joyous one.
However, as many have mentioned, there are very high hurdles to it. The cost will be very high, especially now due to the market conditions.
There are already exchanges listed in the US, and I think there are more effective ways to spend the cost rather than forcing them to allocate the cost here. It might be just as well for the exchanges to ask to be listed themselves.
Why is it so hard for Astar to be listed on Coinbase Exchange in your opinion? Is it very difficult for you, but easy for at least 200 junk and unqualified coins on Coinbase? Should I share the list? Are their teams very hardworking while you are too lazy?
The best way to understand this is by looking at the current market from an exchange perspective. Listing a highly liquid token versus being the first exchange of a new token where they can receive a huge allocation for listing.
The upset for the exchange in bull market is much bigger on those ‘junk, unqualified coins’ as you describe them than for listing an already established asset. Besides bringing much value for us, it’s very limited for them.
I think it is more about:
‘Great that you are so protective towards not giving huge allocations to exchanges and work on proofing the asset’s value and for it’s long-term sustainability’.
This has nothing to do with being lazy, but I believe you were joking when you were expressing it like this.
That being said: we are working on this related topic.
Astar Foundation is in close contact with all T1 exchanges, but some take more time or require more than others.
