Ethereum’s EUL Token Soars After Coinbase Listing: Is This The Next Big Crypto Hit?

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So, guess what just happened? Ethereum‘s (ETH) very own decentralized finance (DeFi) darling, Euler (EUL), is making waves, and not just any waves – we’re talking a proper tsunami of excitement after it was graced with the seal of approval from Coinbase. I know, shocking, right? Who would have thought?

Hold onto your crypto hats, because Coinbase has officially decided that Euler is worthy enough to join its prestigious platform. Yes, you heard that right – the platform that brought us everything from Bitcoin to the most questionable altcoins imaginable is now backing EUL. Welcome to the big leagues, Euler.

“Euler (EUL) is now live on Coinbase and in the Coinbase iOS and Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.”

And surprise, surprise – the price of EUL didn’t just sit around being ‘meh’ after the announcement. It shot up faster than a caffeine-fueled college student. From a humble low of $11.02 on August 6th to a peak of $12.17 a mere 24 hours later. Look at it now – a steady $11.77. That’s a 5.7% increase, in case you missed the memo. Sure, it’s not the moon yet, but it’s definitely a good start.

According to the powers that be over at Euler’s official website, this platform is the definition of modular DeFi – the type that lets anyone with half a clue about crypto create their own lending vault for a specific asset using the ERC-4626 token protocol. Oh yes, it’s an extension of the ever-popular ERC-20, but this time, it’s packing some serious yield-bearing heat.

“Vaults are the fundamental building blocks of the Euler protocol, serving as the primitive unit for all lending and borrowing activities…”

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2025-08-08 01:32