COINBASE UNVEILS $SOL COLLATERAL LENDING, PUSHING DEFI ON-CHAIN 🚀

Coinbase has integrated Solana as collateral in its on‑chain lending product via Morpho on Base, allowing loans up to $100k. The platform’s total loan issuance exceeds $2.3 bn, with Bitcoin still the primary collateral at $2.17 bn, followed by ETH and other assets. Institutional analysts maintain buy ratings, viewing the expansion as validation of Coinbase’s “Everything Exchange” strategy despite recent earnings pressure.

Coinbase’s lending platform now supports SOL collateral, letting users borrow up to $100k after staking SOL on the Base network. Bitcoin remains the dominant collateral, accounting for $2.17bn of the $2.3bn total loan book, while ETH, XRP and other assets trail. The expansion follows a recent UK market launch and comes as the exchange pushes its “Everything Exchange” roadmap, despite a Q1 net loss. Institutional houses such as Bernstein, Benchmark and Rosenblatt continue to rate Coinbase bullish, viewing the on‑chain finance push as a long‑term catalyst.

Not financial advice. Manage your risk.

#CryptoLendin #Solana #DeFi #Coinbase #OnChain 📈

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