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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

$105.70

+1.90%

$105.70

+1.90%

(24s)

24h Volume

$3,155,342,325.92

24h H/L

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Change: $4.42 (4.29%)

Long/Short

68.6%

Long: 68.6%Short: 31.4%

Funding Rate

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Longs pay

Data provided by COINOTAG DATALive data

Solana

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▲ 2.85%

Volume (24h): -

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Resistance 2$110.60

Resistance 1$106.887

Price$106.12

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Pivot (PP):$103.05

Trend:Uptrend

RSI (14):67.7

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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