Coinbase Adds Fartcoin and Subsquid to Listing Roadmap, Price Gains Follow

Coinbase, the largest cryptocurrency exchange by trading volume in the United States, has revealed that Fartcoin (FARTCOIN) and Subsquid (SQD) are now part of its listing roadmap.

Following the announcement, both altcoins experienced modest price increases.

FARTCOIN and SQD Join Coinbase’s Listing Roadmap

Fartcoin is a meme-inspired token operating on the Solana (SOL) network. Subsquid is a decentralized data lake and query engine on Arbitrum (ARB). They both join a growing list of assets under consideration for trading on Coinbase’s platform. 

The exchange clarified that the tokens are not yet available for trading. The launch will depend on market-making support and appropriate technical infrastructure. Once these conditions are met, further announcements will follow.

“The Solana network (SPL token) contract address for Fartcoin (FARTCOIN) is 9BB6NFEcjBCtnNLFko2FqVQBq8HHM13kCyYcdQbgpump. The Arbitrum contract address for Subsquid (SQD) is 0x1337420dED5ADb9980CFc35f8f2B054ea86f8aB1,” Coinbase posted.

Coinbase’s support triggered a notable market response for FARTCOIN. It surged by approximately 14% before experiencing a correction. At the time of writing, the meme coin was trading at $1.04, reflecting a 9.8% increase. 

The token’s 24-hour trading volume reached $411 million, marking a significant 100.3% rise compared to the previous day. This surge in activity has also propelled Fartcoin to the number six spot among trending cryptocurrencies on CoinGecko, highlighting its growing visibility in the market.

FARTCOIN and SQD Price Performance. Source: TradingView

SQD, on the other hand, experienced a more modest uptick, climbing 9% post-Coinbase’s move. After a slight correction, SQD was priced at $0.20 at press time, maintaining a 6.1% gain. 

This development follows Coinbase’s recent roadmap inclusion of PancakeSwap (CAKE), the native token of BNB Chain’s largest decentralized exchange (DEX). CAKE initially rose 5.8% after the news but has since declined. According to the latest data, it was trading at $2.2, representing a decline of 6.8%. 

CAKE Price Performance. Source: TradingView

The pattern of initial gains followed by corrections mirrors previous roadmap listings, such as that of Ethena (ENA). BeInCrypto reported that the exchange added the altcoin earlier this week. An official listing swiftly followed this.

“Trading will begin on or after 9AM PT on 5 June, 2025, if liquidity conditions are met. Once sufficient supply of this asset is established trading on our ENA-USD trading pair will launch in phases. Support for ENA may be restricted in some supported jurisdictions,” the exchange announced.

The decision underlines Coinbase’s ongoing efforts to expand its offerings amid increasing demand for alternative cryptocurrencies.