Coinbase Adds Support for Ethereum (ETH)-Based Science Token ResearchCoin (RSC)

The top US-based crypto exchange platform Coinbase is adding support for one Ethereum (ETH)-based science research token.

In a new thread on the social media platform X, Coinbase says it’s adding ResearchCoin (RSC), the native asset of a science-based research blockchain co-founded by Coinbase chief executive Brian Armstrong, to its suite of crypto products.

“Coinbase will add support for ResearchCoin on the Base network… Trading will begin on or after 9AM PT on 31 July 2025, if liquidity conditions are met. Once sufficient supply of this asset is established trading on our RSC-USD trading pair will launch in phases.”

News of the addition preceded a spike in price for the asset, as RSC went from a low of $0.385 on July 25th to a high of $0.762 on July 31st. ResearchCoin has since stabilized and is trading for $0.741 at time of writing, a 10.7% increase during the last 24 hours.

In its official whitepaper, the developers of the project say they created it as a means of improving science research and communication.

“ResearchCoin has been created to incentivize participation in a highly collaborative and entirely open access platform, ResearchHub.

This first of its kind token serves to galvanize a community of academics and nonacademics in support of ResearchHub’s goal of creating an all-encompassing forum for the communication of academic research.

The downstream benefits of the success of such a community are significant: with adoption, silos that currently exist in the world of research are eliminated. As a result of this improved communication, the pace of research and the application of research are accelerated.”

Follow us on X, Facebook and Telegram
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Surf The Daily Hodl Mix

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/robert_s

The post Coinbase Adds Support for Ethereum (ETH)-Based Science Token ResearchCoin (RSC) appeared first on The Daily Hodl.

811

The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.