DeFi Altcoin and Ethereum (ETH) Layer-2 Blockchain Both on the Rise After Coinbase Listing
A decentralized finance (DeFi) project and an Ethereum ( ETH ) layer-2 blockchain are both surging after abruptly gaining support from Coinbase.
In a new set of announcements, top US-based crypto exchange platform Coinbase says it’s adding DeFi platform Moonwell ( WELL ) and ZKsync ( ZK ), an Ethereum scaling solution, to its suite of products.
According to Coinbase, customers can now buy, sell, covert, send, receive, or store WELL and ZK starting today.
News of the listings sent both WELL and ZK flying, as the duo of assets saw respective gains of 31.22% and 4.21% on the day. WELL is trading for $0.0389 at time of writing while ZK is valued at $0.142.
ZKsync launched in 2020 and uses zero-knowledge (ZK) cryptography to increase ETH’s transaction speeds, lower its costs, and maintain its decentralized and secure nature. ZK proofs are a way to validate the truth of a specific statement without revealing data about the statement itself.
Moonwell is a crypto borrowing and lending platform built on Base, the blockchain of Coinbase, ETH layer-2 scaling solution Optimism ( OP ), smart contract platform Moonbeam ( BEAM ), and sandbox test network Moonriver ( MOVR ).
Earlier this month, Moonwell announced that it became the first app on BASE to support cbBTC, a recently launched tokenized version of Bitcoin ( BTC ) that exists on both BASE and Ethereum.
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inboxCheck Price Action
Follow us on X , Facebook and Telegram
Surf The Daily Hodl Mix
Featured Image: Shutterstock/JLStock/Sensvector
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Florida man loses $860,000 to shady crypto trading school
Share link:In this post: A Florida man has lost $860,000 to a shady crypto trading school based in Denver, United States. According to the victim’s lawsuit, the trading school ASITC was in partnership with another fake exchange, CoinBridge. Crypto losses in 2025 rose to $2.1 billion, with most tied to wallet compromises and key mismanagement.

US Dollar Index Down 9% in 2025 Boosts Bitcoin Outlook
The US Dollar Index is down over 9% in 2025, marking its worst yearly start ever. Bitcoin bulls see this as a major buying signal.DXY Plunge Sparks Market ReactionsWhy This Is Bullish for BitcoinA Shift in Global Market Sentiment

Staked ETH Hits All-Time High with 35M Locked
Over 35 million ETH is now staked, accounting for 28.3% of the total supply—a new all-time high for Ethereum.Ethereum Staking Reaches Record LevelsWhat This Means for EthereumA Bullish Sign for Long-Term Holders
Trump Claims Strike on Iran’s Nuclear Sites a Success
Trump announces successful attack on three Iranian nuclear sites, escalating tensions and raising global security concerns.Trump Confirms Targeted Attack on IranIran Responds to the EscalationGlobal Reaction and Market Impact
Trending news
MoreCrypto prices
More








