Crypto Exchange Coinbase Adds Support for Solana-Based Decentralized GPU Network Altcoin

Coinbase is adding support for one artificial intelligence (AI)-focused altcoin on the Solana (SOL) network.

In a new announcement, the top US crypto exchange says that decentralized physical infrastructure network (DePIN) io.net (IO) is being added to the platform for trading.

Says Coinbase,

“Trading will begin on or after 9 a.m. Pacific Time on October 9th, 2024, if liquidity conditions are met. Once sufficient supply of this asset is established trading on our IO-USD trading pair will launch in phases. Support for IO may be restricted in some supported jurisdictions.”

IO is trading for $1.77 at time of writing, down more than 3% in the last 24 hours. With a current market cap of $168 million, iot.net is the…

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