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Coinbase To Add Support For Parcl (PRCL) On Solana Network
In a recent development, it has been announced that Coinbase will be adding support for Parcl (PRCL) on the Solana network. This move is expected to have significant implications in the cryptocurrency market.
According to reports, trading for PRCL-USD pairs will begin on December 17, 2024, at 09:00 UTC or later if liquidity conditions are met. Additionally, Coinbase has stated that support for Parcl may be restricted in certain jurisdictions due to regulatory requirements.
It is worth noting that Parcl (PRCL) has been experiencing a surge in recent days, with its value increasing by over 12% in the past 24 hours. As of writing, the current price stands at $0.5938.
The announcement by Coinbase comes as no surprise given the rapid growth and adoption of Solana’s blockchain technology. With this move, users on the exchange will now have access to a new asset, offering greater diversification options.
While more information regarding the listing is still forthcoming, it is clear that this development marks an important step forward in the cryptocurrency industry.
Sources:
* Coinbase Press Release
* Parcl Official Announcement
Source: coinpedia.org
