Raydium's up over 6% after Coinbase announced trading support for the Solana-based DEX token.
What stood out to me isn't just the price pop—it's how much validation a centralized exchange still provides, even for tokens that exist to route around them. Raydium's been core Solana infrastructure for years, but liquidity and exposure still concentrate where retail actually trades.
The move likely signals Coinbase continuing to expand its Solana ecosystem support, which has been picking up since the network stabilized post-FTX. Worth watching if this becomes a pattern for other $SOL DeFi primitives.