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    You are at:Home » Three Ethereum-Based Altcoins on the Rise Following Coinbase Announcement
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    Three Ethereum-Based Altcoins on the Rise Following Coinbase Announcement

    Benjamin LeeBy Benjamin LeeMarch 27, 2025No Comments2 Mins Read
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    Top US-based crypto exchange platform Coinbase is adding three new Ethereum (ETH)-based altcoins to its suite of products, causing the assets to skyrocket.

    In a new announcement on the social media platform X, Coinbase says it’s adding support for decentralized roll-up protocol AltLayer (ALT), decentralized finance network Pendle (PENDLE), and gamified learning platform Layer3 (L3) nearly a week after adding them to its listing roadmap.

    News of the additions sent all three altcoins flying, as AltLayer, a protocol that uses rollups to enhance scalability, went from a low of $0.037 on March 26th to a peak of $0.041 a day later. It has since retraced and is trading for $0.0407 at time of writing, a 8.3% gain on the day.

    Pendle, a project that tokenizes yields, also saw gains as it went from a low of $2.83 to a peak of $2.99 during the same time frame. It too has retraced and is trading for $2.95 at time of writing, a gain of 3.7% during the last 24 hours.

    L3, a program that teaches users about Web3 via interactive games, skyrocketed as well, as it went from a March 26th low of $0.087 to a peak of $0.106 just a day later. It is moving for $0.104 at time of writing, a 17.5% gain during the day.

    Coinbase first added the altcoins to its listing roadmap – which is used to increase transparency and prevent the front-running of new tokens – on March 21st, also causing the digital assets to rally at the time.

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    Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

    Featured Image: Shutterstock/Vanessa SG/Natalia Siiatovskaia



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