Oh, dear readers, gather ’round and let me tell you a tale of wonder and finance, where the mighty Coinbase has conjured up a spell so powerful it unlocks the gates to a realm of a million assets! 🌌 Yes, you heard it right, a million! Now, US users can trade all these mystical on-chain assets right from the comfort of their Coinbase app, thanks to the integrated DEX trading. It’s like having a magic wand that turns your traditional trading into a dazzling dance of decentralized finance! ✨
Yesterday, the wizards at Coinbase announced this grand feat, promising to make on-chain trading as simple and secure as waving a wand. 🪄 This means that traders can now waltz into the world of Base network assets on decentralized exchanges, blending Coinbase’s trusted interface with the whimsical world of DeFi. The magic is already spreading across the land, reaching US customers everywhere-except the dark and dreary state of New York, where regulatory goblins still hold sway. But fear not, the spell is set to expand to more markets and networks in the coming months, casting its light far and wide.
And oh, what a reaction the market had! Aerodrome Finance (AERO), the leading DEX of the Base realm, soared over 28% in less than 24 hours. Investors, with their eyes gleaming like gold coins, foresee a surge in trading activity and liquidity. Coinbase, with this enchanting integration, positions itself as the bridge between the centralized and decentralized worlds, a gateway for millions of users seeking to explore the vast on-chain economy. 🚀
Coinbase Expands On-Chain Access
In their official proclamation, Coinbase declared that the new DEX trading feature is now rolling out to select users in the United States, save for the aforementioned New York. At the flick of a switch, customers can now discover and trade an ever-growing list of Base-native tokens directly within the Coinbase app. This includes treasures from leading projects such as Virtuals AI Agents, Reserve Protocol DTFs, SoSo Value Indices, Auki Labs, and Super Champs. 🎲✨
Coinbase plans to introduce new DEX assets in carefully managed batches, like a chef adding spices to a stew one pinch at a time. Over the coming weeks, they will steadily expand their listings, aiming to eventually support the entire range of Base network assets. Users are encouraged to check the Coinbase app frequently, as new tokens are being added faster than you can say “Abracadabra!” 📊🔄
With this update, traders can now cast spells to execute transactions on popular decentralized exchanges such as Aerodrome and Uniswap with just a few taps, all without ever leaving the Coinbase interface. The system uses DEX aggregators to scour the land for the best prices, ensuring that every trade is executed at the most competitive rate available. It’s like having a personal dragon to fetch the best deals for you! 🐉💰
AERO Price Analysis: Bullish Breakout After Coinbase Announcement
Aerodrome Finance (AERO) has seen a dramatic surge, now trading at $1.05 after touching intraday highs of $1.08. This rally follows closely on the heels of Coinbase’s grand announcement, which integrates DEX trading within its platform, granting direct access to Base-native assets like AERO. It’s as if the coin has been blessed by the financial gods! 🌠
Technically speaking, AERO’s breakout above the $0.90-$0.95 resistance zone is a significant bullish development. The price has reclaimed all major moving averages, with the 50-day SMA crossing above the 200-day SMA-a golden cross pattern that often heralds a sustained uptrend. The 100-day SMA is also turning upward, adding fuel to the bullish fire. 🔥📈
Immediate resistance lies near the $1.10 level, a critical point from December’s consolidation range. A breakthrough above this could pave the way toward $1.20 and even $1.35 in the short term. On the downside, $0.90 now serves as strong support, followed by $0.80 if the market decides to take a breather. 🕺💃
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2025-08-09 13:14