Coinbase expands into Solana ecosystem, allowing users to trade native SOL tokens through decentralized exchange integration. This move eliminates the need for traditional listings and offers access to millions of Coinbase users without being listed. Integration follows previous rollout of Base blockchain tokens through DEX. DeFi ecosystem on Solana is thriving, with Ellipsis Labs launching a Solana-based perpetual swap DEX in private beta. Redstone’s “Solana Lending Markets Report 2025” highlights institutional-grade DeFi strategies on Solana, $35.9 billion in peak daily DEX volume, and potential for growth in tokenized real-world assets. Centralized exchanges are integrating DEX platforms, with Coinbase’s move indicative of a broader trend towards simplified user experience, lower fees, and faster order execution times. Other exchanges like OKX and Binance have also begun offering DEX trading options.

Read more at Cointelegraph: Coinbase Opens Solana DEX Access as CeFi and DeFi Converge