Can SOL Hit $200 as Coinbase Adds $100,000 SOL Collateral Lending?
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4 Articles
Coinbase Adds Solana-Backed Loans As Originations Top $2.3B
Coinbase has added Solana support to its crypto-backed lending product, letting eligible users borrow up to $100,000 in USDC against SOL without selling their tokens. The new collateral option runs through Coinbase’s existing Morpho integration on Base, the same onchain lending rail used for other supported assets. Coinbase’s crypto-backed loan product lets users receive USDC while their collateral moves onchain into Morpho. The product is avail…
Coinbase Lets Users Borrow Up to $100,000 Against SOL
How Is Coinbase Expanding Its Onchain Lending Business? Coinbase has added Solana support to its crypto-backed lending product, allowing users to borrow up to $100,000 against their SOL holdings through the exchange’s Morpho integration on Base. The feature extends Coinbase’s existing onchain lending infrastructure, which already supports bitcoin, ether, XRP, Dogecoin, Cardano, Litecoin, and cbETH as collateral assets. Loans are issued through d…
Can SOL hit $200 as Coinbase adds $100,000 SOL collateral lending?
Coinbase now lets users borrow up to $100K against SOL via Morpho on Base, turning Solana into its third major collateral pillar as the token eyes a retest of $200. Coinbase has expanded its on-chain crypto lending product to include Solana as…
Coinbase has added support for Solana-backed loans through Morpho on Base, expanding its on-chain financial services strategy as the crypto market experiences a bearish phase. Users can borrow up to $100,000 USD using SOL as collateral through Morpho on Base. Coinbase's cryptocurrency-backed loans have already exceeded $2.3 billion USD in originations. Coinbase seeks to solidify its position as an "everything exchange" despite recent losses and …
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