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    Solana.Coinbase.Adds.SOL.Ecosystem.Coins

    Solana is a high-performance digital currency blockchain that supports smart contracts and decentralized applications (DApps). This ecosystem uses a kind of share certificate collective agreement mechanism that utilizes time-stamped transactions to maximize efficiency and can be easily entered by individuals. Coinbase Exchange is a global digital asset exchange company that provides you with a place to buy and sell cryptocurrencies, as well as information about transactions that have entered the blockchain for approval. The Conbase exchange also acts as a wallet. You can store your assets in this exchange platform.

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    In the last days (January 31st, 2022), two of the Solana networks coins including Orca and Bonfida are listed on Coinbase platform. Now we want to estimate the impacts of this act on transactions.

    Orca is the easiest, fastest, and most user-friendly cryptocurrency exchange on the Solana blockchain and the address of its token is orcaEKTdK7LKz57vaAYr9QeNsVEPfiu6QeMU1kektZE.

    Also, Bonfida is the full product suite that bridges the gap between Serum, Solana, and the user and its token is Fida and the address of token is EchesyfXePKdLtoiZSL8pBe8Myagyy8ZRqsACNCFGnvp.

    In Solana ecosystem the owner or address corresponds to the Coinbase platform is H8sMJSCQxfKiFTCfDR3DUMLPwcRbM61LGFJ8N4dK3WjS.

    The total amount of transferred Orca to Coinbase platform for each day is depicted in this bar-type figure.. As can be seen from this illustration, in the first day of listing the amount of transferred token has jumped significantly in comparison with other days.

    The total amount of transferred Fida token from solana network to Coinbase platform is shown in this graph. In comparison with Orca token, Fida had a steady state feature in amount but in the Feb 9, the amount of transferred token is remarkable.

    To better understand the impact of listing tokens in other exchange platforms, the total number of transactions per day is investigated and demonstrated in this chart. In the first days of listing, the number of transactions for both of the tokens has been grown. Plus, the number of transactions per day for Orca token is higher in comparison with Fida token, generally.