Coinbase has expanded its cryptocurrency offerings by listing BankrCoin (BNKR) and Treehouse (TREE), triggering substantial price movements for both digital assets.
The exchange confirmed support for BNKR on its Base blockchain network, implementing a phased trading rollout for the token. Simultaneously, TREE received listing on the Ethereum network with Coinbase assigning an experimental designation to reflect its higher-risk profile.
BNKR witnessed an immediate price surge following the announcement, climbing 88% from $0.00050 to $0.00094 before settling near $0.00061. Treehouse displayed notable volatility after an initial 10.77% upswing, later falling to $0.64—a minor decline of 0.38%—accompanied by significant trading volume reaching $334 million within 24 hours.
Market analysts attribute TREE’s heightened volatility to persistent selling pressure from recipients of its recent airdrop distributions. Since its initial launch, Treehouse has declined approximately 43% largely due to continuous asset liquidation by airdrop beneficiaries.
Coinbase emphasized BNKR’s exclusive availability on the Base network, cautioning users against transferring tokens via unsupported blockchain channels to prevent irreversible fund losses.