A decentralized media-sharing ecosystem built on Solana (SOL), plus several altcoins built on Ethereum (ETH) are surging after being added to top US crypto exchange Coinbase’s roster of digital assets.
In an announcement, Coinbase says Media Network (MEDIA) and four other cryptocurrencies will start trading paired with Tether (USDT) once appropriate liquidity conditions are met.
Media Network is a new type of content delivery network (CDN) that harnesses the power of decentralized peer-to-peer (P2P) streaming to provide bandwidth-on-demand while always maintaining user privacy by never requiring sign-ups or personal information to participate.
The project is part of the Solana (SOL) ecosystem, and users can earn the MEDIA token for contributing spare bandwidth.
Media Token is up 10.74% and trading for $26.57.
Also rallying is layer-2 scaling solution Metis (METIS). The Metis protocol aims to offer lower fees and faster transaction times than Ethereum (ETH), while still retaining the security of the leading smart contract platform.
Native token METIS can be used for staking and internal payments, but also serves an important function within the Metis Virtual Machine (MVM) during the creation of a decentralized autonomous company (DAC).
Metis is up in a big way, in the green by 23.16% on the day and priced at $0.0075.
Also joining the Coinbase roster is Monavale (MONA), native token of Digitalax which enables users to custom design digital clothing in the form of non-fungible tokens (NFTs).
The project brings Creative Commons (CC0) licensing to fashion for the Web 3.0 internet, saying in a blog post its long-term goal is to become “the digital fashion NFT house for all gaming, VR [virtual reality] and metaverses in the crypto ecosystem.”
Monavale is up over 12% on the day and priced at $666.66.
Coinbase will add support for Chain (XCN), MetisDAO (METIS), Monavale (MONA), and AirSwap (AST) on the Ethereum network (ERC-20 token) and Media…
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