Coinbase, a major cryptocurrency exchange headquartered in the United States, has decided to expand its offering by adding support for Bankr (BNKR) on the Base Network and Treehouse (TREE) on the Ethereum (ETH) network.
The cryptocurrency listing significantly boosted market activity, with both tokens experiencing a short-term price surge following Coinbase's announcement.
BNKR, TREE Confirmed for Coinbase Listing
According to the exchange's X (formerly Twitter) post, BNKR trading is scheduled to begin around 9 AM Pacific Time (PT) on July 30th. Coinbase clearly stated that the BNKR-dollar trading pair will be rolled out in stages.
"Coinbase will support Bankr (BNKR) on Base Network. Do not send this asset to other networks or funds may be lost. Asset transfers will be possible on @Coinbase @CoinbaseExch in regions where trading is supported." – Post
However, BNKR support may be restricted in some regions. This means there could be limitations on trading or asset access in certain jurisdictions.
This listing occurred after BNKR was included in Coinbase's listing roadmap, along with Jito Staked SOL (JITOSOL) and Metaplex (MPLX). These two were listed on the exchange last week.
Additionally, Coinbase announced that trading for TREE would begin immediately after its listing.
"Treehouse (TREE) is now available on Coinbase.com and Coinbase iOS and Android apps with an experimental label. Coinbase customers can log in to purchase, sell, convert, transfer, receive, or store this asset." – Exchange
Notably, Coinbase listed TREE with an 'experimental label', signaling potential risks related to price volatility or limited performance. Meanwhile, the exchange's move impacted the prices of both altcoins.
Bankr saw a dramatic 88% price increase. The token quickly rose from around $0.00050 to $0.00094, then stabilized at $0.00061, reflecting a 20.8% increase at the time of reporting.
TREE, an ERC-20 token, experienced a more moderate price increase. Its value rose from $0.65 to $0.72, recording a 10.77% increase. However, it erased all gains and was trading at $0.64, down 0.38% at the time of writing.
It's worth noting that TREE is a new participant in the cryptocurrency market. The token was launched yesterday and has also secured a listing on Binance.
Binance is the first platform to feature Treehouse (TREE), with trading opening on July 29th, 2025, at 12:00 (UTC).
— Binance (@binance) July 29, 2025
Eligible users can claim an airdrop of 100 TREE tokens on the Alpha Events page within 24 hours once trading begins by using Binance Alpha Points.
The Binance… https://t.co/avUkT1KDGt
Additionally, the token has attracted significant interest and emerged as one of the most popular cryptocurrencies on CoinGecko. Its 24-hour trading volume is $334 million, indicating increased market activity.
Nevertheless, the token has faced headwinds. Its price has dropped by approximately 43% since launch. However, this decline may be attributed to selling pressure from an airdrop, which is common for new tokens. Many tokens have experienced similar challenges, as new holders often lead to short-term selling.
