Zetachain Soars 17% As Coinbase Confirms Roadmap Listing

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As a seasoned analyst with over two decades of experience in the financial markets, I have witnessed numerous developments that have shaped the investment landscape. The recent announcement by Coinbase to add Zetachain to its listing roadmap is undeniably one of the most intriguing events in the cryptocurrency space this year.

Coinbase has revealed plans to include Zetachain in their upcoming listings, which has sparked great interest from potential investors. As a result, the value of this digital currency increased by 17%. This positive movement has caused quite a stir within the crypto community.

Coinbase Confirms Roadmap Listing

In simpler terms, it’s announced that Coinbase, a well-known cryptocurrency exchange, is planning to incorporate Zetachain into its future plans. Today, they confirmed that Zetachain (ZETACHAIN) has officially been placed on their roadmap.

Following Coinbase’s wider aim to expand its investment choices and strengthen its asset selection, this decision has been made. This announcement propelled the coin up to $0.5177, marking a 20% increase. At present, it stands at a 16.5% price rise.

As a researcher, I’m excited to share that our exchange is taking steps towards greater transparency by overhauling its asset listing process. Instead of maintaining an ‘Assets Under Consideration’ list, we’ve opted for a more open and straightforward ‘Roadmap’ section. This change aims to keep investors well-informed about the assets we are planning to list, ensuring they receive clearer and more timely updates on our selection process.

The team has emphasized that users should be alerted about unsupported crypto asset transfers and trading. Until an official announcement is made by the exchange, these activities aren’t endorsed. Prematurely depositing such assets may lead to irreversible loss of funds, so it’s crucial to follow platform announcements and updates carefully.

Furthermore, it’s worth noting that Coinbase previously marked some newly added digital assets with a trial tag. This tag implies that the asset is in its early stages, potentially presenting greater risks alongside possible significant returns.

ZetaChain’s Gateway Upgrade

ZetaChain unveiled their latest update, dubbed Gateway, enabling users to explore applications across various networks supported by the platform. This development signifies progress towards enhanced blockchain compatibility and simpler access for both developers and users. The announcement on July 18 also revealed Gateway and Localnet, features that strengthen interoperability and provide access from new chains, such as Bitcoin.

As a seasoned blockchain developer with years of experience under my belt, I am always on the lookout for advancements that can simplify and streamline the development process. The recent update allowing apps to connect without switching networks using the ZRC 20 standard on the Universal EVM is one such game-changer. This feature, combined with revamped gateway integrations, has significantly enhanced the smart contract interface, making it easier for externally owned accounts (EOAs) to send tokens and call Universal Apps through a unified API.

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2024-08-09 10:38