BNB's Coinbase Listing: What It Means for Investors

BNB, the native token of Binance, has been added to Coinbase's listing roadmap, a move that has not yet resulted in a price increase, as the token remains 11% below its record high. Despite this, the inclusion signals Coinbase's intent to support BNB, pending market-making support and technical readiness, amid a broader market environment where major cryptocurrencies are experiencing selling pressure. The decision to list BNB comes after Coinbase previously delisted Binance's stablecoin, highlighting a complex relationship between the two exchanges. Meanwhile, Franklin Templeton has expanded its Benji tokenization platform to the BNB Chain, indicating growing institutional interest in the ecosystem. However, analysts warn of short-term pressures due to derivatives data and community backlash, though the long-term outlook for BNB remains positive, especially with recent momentum gains following a Federal Reserve rate cut.