Coinbase has embedded onchain trading for Solana-based assets, signalling a strategic move away from reliance on traditional centralised listings.
The integration enables users to access a wider universe of Solana tokens directly within Coinbase’s onchain trading interface.
Jupiter powers routing and execution in the background, aggregating liquidity across Solana decentralised exchanges.
Market analysts said the update reflects a broader structural change in crypto distribution models.
Bitcoin outperformed equities during the session, rising 1.6% while major US stock indices were mixed.
Risk appetite appeared concentrated in crypto rather than across wider macro assets.
Trading flows showed rotation into launchpads, decentralised exchanges and the Solana ecosystem.
Gaming, lending and meme-related tokens underperformed amid heightened volatility.
Jupiter generates roughly $4 million in average monthly revenue from its aggregator offering.
Coinbase processes an estimated $80 billion to $100 billion in monthly spot trading volume.