Coinbase, the largest crypto exchange in America, recently made an important addition to its roadmap by including the Stader (SD) token. This move signifies the growing maturity of the Stader Labs’ governance token within the crypto space.
The addition of SD to Coinbase’s roadmap has had a significant impact on the token’s price, leading to an 88% surge in value over the past 24 hours. Currently, SD is trading at $0.7539 with a market capitalization of $33.26 million and a circulating supply of 41 million tokens.
It is important to note that Coinbase follows strict criteria when listing digital currencies on its platform, ensuring that tokens meet technical, legal, and compliance standards. While the addition of SD to the roadmap is a positive development for the token, it does not guarantee future listing on Coinbase’s exchange.
The recent surge in SD’s price and trading volume indicates a renewed interest in the token, which experienced a significant drop in value in the past. Despite being 97.28% below its all-time high, SD has shown a rejuvenation path with an 18.8% gain in the last 30 days. Additionally, SD has outperformed the global crypto market with a 28.60% increase in the past week.
Overall, the inclusion of SD on Coinbase’s roadmap could potentially attract more investors to the token and serve as a catalyst for further price action. However, it is important for investors to conduct their own research and exercise caution when making investment decisions in the volatile crypto market.