cardano coinbase

All eyes are now focused on a possible Cardano Coinbase listing. Will the ADA coin be the last of a long-awaited group of cryptocurrencies that will be added to the cryptocurrency exchange? Will the bullish Cardano price predictions come true? 

This week, Compound (COMP) suddenly got listed on Coinbase Pro. On May 21, we saw OmiseGo (OMG) get listed on the exchange, only to see the price soar 200% within the first 15 minutes of being listed. Will Cardano (ADA) be next? Could the Cardano Coinbase listing make the price pump too?

According to an old Coinbase blog from July 2018, five new cryptocurrency listings were being considered. The altcoins in question were: Cardano (ADA), Basic Attention Token (BAT), Stellar Lumens (XLM), Zcash (ZEC) and 0x (ZRX). Besides the ADA coin, the four other digital assets have already been added to Coinbase.

What is the Cardano cryptocurrency?

Cardano, a smart contract platform – much like Ethereum, got created by ETH co-founder Charles Hoskinson. It is looking to build a network of blockchain use that extends beyond monetary transfers. Cardano is home to the ADA cryptocurrency, which can be used to send and receive digital funds.

Will the “Coinbase Effect” pump the Cardano price?

Every time Coinbase Pro lists a coin for which the price explodes in value, it has come under scrutiny for insider trading. The “Coinbase Effect” is named after a theory that cryptocurrencies that get listed on their exchange see huge rises in price. This is not always the case. According to a recent study by Coin Metrics, the “Coinbase Effect” does not live up to the hype.

Nonetheless, Cardano price predictions based on a potential Coinbase listing are alive and well on the Cardano Reddit. Cardano news of Shelley launching has people questioning if that might be what Coinbase is waiting for before listing ADA.

Cardano Coinbase Listing – When can we expect it?

It has been almost two years since Coinbase announced the possibility of a Cardano listing. Just recently they announced that they were exploring the idea of supporting 18 new cryptocurrencies on their exchange. However, the Cardano coin wasn’t one of them.

Nonetheless, the Cardano price has seen a 400% surge during the past four months. This has been accompanied by a similarly huge increase in price volume. This is likely due to the Cardano Shelley launch on June 30. It is without a doubt that Coinbase missed out on considerable revenue from the ADA coin which now ranks in 8th place by marketcap according to Coingecko.

Based on all the above, it seems only natural that Coinbase will want to list the ADA coin as soon as possible. Maybe they are just waiting for Shelley and staking to go live.


  1. As usual speculation is rampent as holders of ADA who write articles hype the heck out of their favorite speculative holdings. For once I’d love to read where one of these people has contacted and interviewed lead Engineers, programmers or founders. It would be damn nice to have some non speculative information printed, so substance rather than some kids hopes.

  2. No Retreat, No Surender.
    Cardano (ADA) the making of a superior product. The fact that Cardano is late with its rollout of Shelley is a wonderful thing . It shows that the folks at Input Output Hong Kong (IOHK), EMURGO, and the Cardano Foundation, are more concerned about the quality, of the end product. When they rollout Shelley they want it to go without glitches. Another great thing about it allows more people to get in at a low price before it does its moonshot.

    I am a confirmed HODL’er of ADA. The way that Charles Hoskinson approached Cardano as an engineered product, not like a sleazy used car salesman, this gives me a lot of confidence, also the way Charles keeps us updated about things means he has a lot of respect for people who are invested in Cardano’s success. Another thing he wants to help put Regulations in place, remember only someone who is legitimate would look to be regulated, also looking to unselfishly protect the crypto market as a whole. With all these factors taken in mind I feel Cardano is a true investment, it is not speculation. The best thing I can say is people should not Pump & Dump ADA, but instead just buy more ADA while it’s still a bargain. Let say Cryptocurrency is like a Baseball Game we are so early in the game they are now just singing the national anthem. We are the geeks who got in to this before the smart money has gotten in, and way earlier then the Herd. Don’t Stop Believing.


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