Coinbase CEO Stuns Crypto X, Issues Unexpected Take on Solana

Coinbase CEO Stuns Crypto X, Issues Unexpected Take on Solana

Source: UToday

Published:2025-12-19 14:40

BTC Price:$87706

#SOL #Coinbase #Bullish

Analysis

Price Impact

High

Coinbase ceo brian armstrong publicly expressed his support for solana, stating 'i like solana.' more significantly, coinbase has launched solana dex trading within its app for u.s. users, increasing accessibility and liquidity. furthermore, j.p. morgan successfully executed a u.s. commercial paper issuance on solana, indicating growing institutional adoption.

Trustworthiness

High

The statements come directly from the ceo of a major cryptocurrency exchange (coinbase), and are backed by concrete product integrations (solana dex trading) and real-world institutional transactions (j.p. morgan).

Price Direction

Bullish

The increased visibility, liquidity, and ease of access through coinbase's platform, combined with strong endorsements from its ceo and successful institutional use cases, are highly bullish for solana. this expands its user base and strengthens its position in the market.

Time Effect

Long

While there might be immediate positive price action due to the news, the integration into a major exchange like coinbase and continued institutional adoption represent fundamental improvements to solana's ecosystem, suggesting a sustained positive impact over the long term.

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Article Content:

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Read U.TODAY on Google News Coinbase CEO Brian Armstrong has stunned the crypto community with an unexpected Solana statement. In a tweet, Armstrong wrote, "I like @Solana." Advertisement Armstrong's statement follows Coinbase's systems update on Dec. 17, which saw exciting product announcements, among other updates. I like @solana https://t.co/LTBuRZwd5C — Brian Armstrong (@brian_armstrong) December 19, 2025 His tweet comes in reaction to Emilie Choi, Coinbase president and COO, who responded to Solana Founder Anatoly Yakovenko's tweet expressing how he likes Coinbase. The Solana founder had first tweeted, "I like Coinbase." Advertisement Accompanying an image posted by the Coinbase CEO, he expressed gratitude to the Solana team for their support at the crypto exchange's product event. "Thanks to the Solana folks who came and supported our product event. Excited to have launched Solana DEX trading on Coinbase, and to keep working together," the Coinbase CEO said. HOT Stories Morning Crypto Report: Ripple CEO Forces XRP Reality Check for Coinbase, Shiba Inu (SHIB) Soars 5%: Fakeout Next? $444 Million in Bitcoin Land on Binance Dave Portnoy Teases 'All In' Move if XRP Hits This Level Crypto Market Prediction: $2,500 Is Ethereum's Next Cushion, XRP Obviously Not Hitting $0, Bitcoin (BTC) H&S-Fueled Reversal on the Edge Key XRP Ledger Amendment Gets Activated Armstrong, in prior times, expressed support for Solana. In January this year, the Coinbase CEO announced plans to offer "tier 1 support" for Solana, highlighting the need for the crypto exchange to step up its game on the cryptocurrency. In the past week, J.P. Morgan successfully arranged a U.S. Commercial Paper issuance for Galaxy Digital Holdings LP, on Solana, purchased by Coinbase and Franklin Templeton. The transaction is one of the earliest debt issuances ever executed on a public blockchain. Advertisement Solana arrives to Coinbase According to a recent announcement, millions of Solana tokens are already live on the Coinbase app. Traders can now trade Solana tokens via Jupiter DEX within the Coinbase app, with the feature rolling out in the U.S.  The feature was teased in August, when Coinbase first offered access to tokens on its Ethereum layer-2 network, Base. The Solana announcement was part of a slew of product updates shared at the Coinbase Systems update event. Coinbase crypto exchange revealed its systems update on Dec. 17, allowing stocks and prediction markets on the platform. Coinbase has also introduced Coinbase Tokenize, an end-to-end platform for institutions to bring assets on-chain. Next year, the crypto exchange said it would be launching equity perpetuals for non-U.S. traders, making equities available 24/7 around the world. #Brian Armstrong #Solana