A compliant platform enhances Solana ecosystem DEX support, with comprehensive expansion of permissionless trading

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Source: TokenPost Original Title: Coinbase enhances support for Solana(SOL) based DEXs… Full expansion of permissionless trading Original Link: A compliant platform officially announced full support for decentralized exchanges(DEX) trading within the Solana ecosystem, allowing approximately 100 million users to trade millions of Solana tokens instantly without the token listing process. This is regarded as the platform’s most bold permissionless market expansion initiative.

某合规平台强化Solana生态DEX支持

This announcement was first released at the “Solana Breakpoint 2025” conference held in Lisbon. Andrew, an protocol expert from the compliant platform, stated in his speech: “Millions of assets are generated on-chain every day, and we want all users of the platform to easily access these assets.”

Andrew pointed out that through the platform’s application, users can trade all tokens within the Solana ecosystem via a user-friendly interface, with payment methods expanded to include USDC, cash, bank accounts, and debit cards. Especially, as long as liquidity is available, tokens can be traded without formal listing, significantly lowering the entry barrier for projects.

The Solana Foundation also promoted extensively on social platform X, stating “Now all tokens on Solana can be traded immediately by 100 million platform users,” and expects this to be an important turning point for DeFi ecosystem expansion. It also announced the launch of Ellipsis Labs’ new derivative platform “Phoenix Perpetuals,” highlighting the rising momentum of Solana’s native trading infrastructure.

In terms of price performance, it remains weak in the short term. At the time of reporting, Solana token price was about $131, with a daily decline of approximately 6%, a weekly decline of about 9%, and nearly 20% over the past 30 days. Although about 40% below the all-time high a year ago, the average daily trading volume is around $7.4 billion, indicating relatively active market participation.

This announcement marks the first major business shift after the compliant platform recently withdrew its acquisition of the $2 billion stablecoin startup BVNK. By supporting diverse new-generation tokens that do not require listing, the platform can enhance its competitiveness with DeFi trading platforms; meanwhile, Solana can accelerate its strategy to expand the DApp ecosystem.

Market Analysis

Both the compliant platform and Solana have opened the door to “Permissionless trading,” making the trading of liquidity center assets without regulation possible. This signifies that centralized exchanges(CEX) are crossing boundaries and beginning to integrate fundamentally with DeFi.

Strategic Highlights

For Solana token issuers, there is no cost for listing; they can immediately reach the platform’s users simply through liquidity provision and community building. This could present opportunities for utility tokens or new projects centered on DeFi services.

Terminology Explanation

  • Permissionless(Permissionless): A structure where participation in the network or asset trading does not require prior authorization from authorities
  • DEX(Decentralized Exchange): A cryptocurrency trading platform based on smart contracts, without third-party intermediaries
  • Liquidity: The market’s ability to buy and sell assets easily. Higher liquidity means lower volatility and smoother trading
SOL0.65%
USDC0.02%
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