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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

$69.30
-0.94%
24h Volume

$3,661,198,530.01

24h H/L

$70.44 / $64.71

Change: $5.73 (8.85%)

Long/Short
77.5%
Long: 77.5%Short: 22.5%
Funding Rate

-0.0034%

Shorts pay

Data provided by COINOTAG DATALive data
Solana
Solana
Daily

$69.06

1.38%

Volume (24h): -

Resistance Levels
Resistance 3$79.27
Resistance 2$74.753
Resistance 1$69.8175
Price$69.06
Support 1$67.9667
Support 2$63.6045
Support 3$60.13
Pivot (PP):$68.59
Trend:Downtrend
RSI (14):42.6
TB
The Block Editorial
(04:00 PM UTC)
1 min read
JM
Approved byJames Mitchell
1092 views
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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

The Block Editorial · The Block

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