Coinbase to Lists ARB Ahead of Airdrop, Joining Other Major Exchanges
Coinbase, a leading cryptocurrency exchange in the US, has included ARB, a crypto asset from Arbitrum, a scaling solution on Ethereum (ETH), in its listing roadmap.
This move is in anticipation of the token’s airdrop that is scheduled for March 23rd. ARB is a layer-2 altcoin that is set to be governed by a self-executing decentralized autonomous organization (DAO), as announced by the project’s developers.
Arbitrum officials created a special points system that considers various metrics to determine which users will receive the crypto assets.
Coinbase established the listing roadmap to enhance transparency and avoid front-running their listing announcements. Other major exchanges such as Binance, MEXC, Huobi, Bybit, and Bitrue have also expressed their intent to list ARB.
READ MORE: Bitcoin: Is the Market Overbought or Just Getting Started?
Arbitrum is currently ranked fourth among all chains in terms of total value locked (TVL) with $1.99 billion, following Ethereum, Tron (TRX), and BNB Smart Chain, as reported by the decentralized finance tracker DeFi Llama.
The TVL of a blockchain represents the total capital held within its smart contracts. It is calculated by multiplying the amount of collateral locked into the network by the current value of the assets.
Alexander Stefanov
Reporter at CoinsPress
Alex is Editor-in-Chief of Coinspress and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
