Coinbase Wallet's Solana trading volume rose 12 times over a three-month span without any Solana-specific incentive program driving the increase, according to Unchained, citing comments from Ox Bid, the wallet's trading lead, on Unchained Premium.
Ox Bid also said swap execution in the wallet now reaches a 99% success rate, including cross-chain swaps, and that spot trading volume has risen 2.5 times since July, following the wallet's rebrand from the Base app back to Coinbase Wallet, per the outlet.
The report describes new discovery tools built into the app, including a Discover tab and a Live Coins feature that lets users trade newly deployed onchain tokens within seconds. Coinbase Wallet has also added perpetual futures trading through a Hyperliquid integration and prediction markets powered by Polymarket, according to Unchained. Ox Bid reportedly said a pro-focused Coinbase Terminal and AI agent features are planned to launch by the end of the year.
Unchained reported that Ox Bid grouped the wallet's users into three trader profiles: long-term holders, active spot traders, and perpetual futures traders. It remains unclear from the report whether the 12x figure reflects absolute volume growth or a comparison against a specific baseline period, and the outlet did not specify an exact date for the Base-to-Coinbase-Wallet rebrand.
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News, not financial advice. Memecoins carry substantial risk. Market snapshots can change quickly. This story was produced by the Block FOMO desk with AI assistance and checked against its sources. Editorial policy.