Coinbase, a leading crypto exchange in the United States, has announced that it will add support for Parcl (PRCL) on the Solana network (as an SPL token).
According to the post, users can now trade Parcl on Coinbase and Coinbase Exchange, but it’s important to note that Parcl should only be transferred over the Solana network to avoid losing funds.
The trading for Parcl on the Solana network will begin on or after 9 AM PT on December 17, 2024, if liquidity conditions are met. The trading will start in phase on the PRCL-USD pair once there is enough supply.
The announcement also noted that Parcl may not be available for trading in all regions where it’s supported.
The Solana network (SPL token) contract address for Parcl (PRCL) is 4LLbsb5ReP3yEtYzmXewyGjcir5uXtKFURtaEUVC2AHs, investor are advised to send token only to this address.
After the listing on Coinbase, the PRCL price has reached $0.5618, 5.08% higher than 24 hours. The price of PRCL reached a low of $0.5055 and a high of $0.6119, reflecting a notable increase in value following the Coinbase listing announcement.
As of now, Parcl (PRCL) has a market cap of $120 million, reflecting a 5% increase. The 24-hour trading volume stands at $114 million, showing a significant rise of 46%.
The coin is now gaining attention as trading becomes available in regions where it’s supported.
Also Read: Coinbase to Delist Tether (USDT) in Europe
