Coinbase Adds RAY, ENERGY, ELSA, and FUN to Listing Roadmap
Coinbase has added four new tokens to its listing roadmap, awaiting conditions like market-making support and technical infrastructure before launching trading. The new tokens are:
- Raydium (RAY): A Solana-based decentralized exchange with a total value locked of $1.56 billion and recent 30-day DEX volume of $11 billion. RAY is the governance and reward token, priced at $1.18.
- Energy Dollar (ENERGY): Utilized within a decentralized physical infrastructure network on Solana, focusing on energy resource coordination and rewards.
- Sport Fun (FUN): Powers an onchain fantasy sports and prediction platform on Base, providing transactions, staking, and governance functionalities. Launched after a December 2025 token sale.
- Elsa (ELSA): Limited information available, suggesting it's a newer or low-profile token on Base.
Existing tokens in Coinbase's roadmap include ImmuneFi (IMU), Sentient (SENT), Lighter (LIGHTER), Brevis (BREV), and MegaETH (MEGA), all ERC tokens.
RAY and ENERGY operate as SPL tokens on Solana, while ELSA and FUN are based on Base. Accurate contract identification is crucial for traders for onchain operations.
The Solana network is attracting institutional interest, with firms like DeFi Dev Corp exploring yield farming, and Morgan Stanley filing for Bitcoin and Solana ETFs. Meanwhile, Coinbase's Ethereum Layer 2 solution, Base, is expanding its influence in the crypto space.