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via The Block · By The Block Editorial

Coinbase adds Solana-backed loans through Morpho, letting users borrow up to $100,000

SOL

SOL/USDT

$75.60

+0.20%

$75.60

+0.20%

(24s)

24h Volume

$554,541,376.57

24h H/L

$75.74 / $75.17

Change: $0.5700 (0.76%)

Long/Short

72.1%

Long: 72.1%Short: 27.9%

Funding Rate

-0.0011%

Shorts pay

Data provided by COINOTAG DATALive data

Solana

Daily

$75.56

▲ 0.28%

Volume (24h): -

Resistance Levels

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Resistance 2$77.1608

Resistance 1$75.5774

Price$75.56

Support 1$75.4519

Support 2$73.1866

Support 3$71.2016

Pivot (PP):$75.38

Trend:Downtrend

RSI (14):51.6

The Block Editorial

(04:00 PM UTC)

1 min read

Approved byJames Mitchell

0 comments

Coinbase has expanded its crypto-backed onchain lending product by adding support for Solana, allowing users to borrow up to $100,000 against their SOL holdings.

The loans are offered through the same Morpho integration on Base that Coinbase already uses for bitcoin, ether and other crypto-backed loans.

"Adding SOL collateral is a strong step toward making Coinbase the best place to trade and…

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The Block Editorial · The Block

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