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Coinbase CEO reveals that ‘tier 1 support’ for Solana is underway

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Summary
Nutrition label

58% Informative

SOL price surged over 7% intraday, sparking optimism in tandem with the development.

SOL price pumped nearly 7.5% in tandem and is currently sitting at $ 257.48 .

The solana network saw a huge surge in activity amid the meme coins TRUMP and MELANIA ’s recent launch, a potential reason why withdrawal volumes on the crypto trading platform surged.

In an X post by Brian Armstrong dated January 22 , the CEO revealed that the crypto exchange is aiming to provide “tier 1 support for Solana , with the same level of support as Bitcoin , Ether, and Base”.

VR Score

35

Informative language

26

Neutral language

31

Article tone

formal

Language

English

Language complexity

52

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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