An AI-focused altcoin and a DeFi token have seen significant price jumps after being added to Coinbase’s listing roadmap. This move often signals potential future listings on the exchange.
In a post on X, Coinbase Assets announced that Aethir (ATH), a decentralized cloud computing project focused on AI and blockchain gaming, and Maple Finance (SYRUP), a DeFi lending protocol, have been added to its listing roadmap.
The roadmap is a transparency tool that prevents front-running and speculation by signaling which assets are under review. While inclusion does not guarantee immediate listing, assets that make it onto Coinbase’s radar often experience increased investor interest and liquidity.
Following the announcement, both tokens saw rapid price increases. ATH surged from $0.0318 on March 6 to a peak of $0.0435 on March 7, marking a 36.79% gain before settling at $0.0371. Meanwhile, SYRUP climbed from $0.137 on March 7 to $0.193 on March 8, a 40% spike, before stabilizing at $0.165.
The move further highlights Coinbase’s growing interest in AI and DeFi projects, reinforcing the broader market trend of increasing institutional and retail demand for tokens with strong utility-driven narratives.
Overview of Aethir (ATH) and Maple Finance (SYRUP)
Aethir (ATH)
Aethir is a decentralized cloud computing infrastructure that provides scalable and secure access to enterprise-grade Graphics Processing Units (GPUs). The platform primarily caters to artificial intelligence (AI) applications and blockchain-based video games, offering cost-effective solutions for computationally intensive tasks.
The native utility token of the Aethir platform, ATH, is integral to its ecosystem. As of the latest data, ATH is trading at approximately $0.0371, with a 24-hour trading volume of $63.49 million.
The token has a circulating supply of around 6.7 billion ATH, leading to a market capitalization of approximately $238.46 million. ATH reached an all-time high of $0.11, indicating a significant depreciation since that peak.
Maple Finance (SYRUP)
Maple Finance is a decentralized finance (DeFi) platform that specializes in institutional lending. It provides under-collateralized loans to established crypto-native firms. The platform aims to bridge the gap between traditional finance and DeFi by offering transparent and efficient lending solutions.
Maple Finance’s lending engine powers institutional yield for both Maple and Syrup, providing lenders with institutional-quality yield overcollateralized by digital assets.
The protocol combines the best of institutional lending and DeFi. Syrup is the team’s newest product, offering permissionless access to Maple’s lending engine while integrating with the broader DeFi ecosystem, including Balancer and Pendle Finance.
The SYRUP token serves as the governance token for the Maple ecosystem, encompassing both Maple and Syrup platforms. As of the latest data, SYRUP is trading at approximately $0.167, with a 24-hour trading volume of $4.1 million. The token has a circulating supply of about 740 million SYRUP, resulting in a market capitalization of approximately $131 million.
Quick Facts:
- Coinbase Assets announced that Aethir (ATH) and Maple Finance (SYRUP) have been added to its listing roadmap.
- Following the announcement, both tokens saw rapid price increases. ATH surged from $0.0318 to $0.0435 while SYRUP climbed from $0.137 to $0.193
- The Coinbase exchange’s listing roadmap provides transparency in asset evaluation, often influencing market dynamics upon new additions.