TLDR
- Coinbase Adds JitoSOL & MPLX, Boosting Solana DeFi and NFT Ecosystem Reach
- JitoSOL and MPLX Debut on Coinbase July 24, Expanding Solana Token Support
- Solana Gets a Boost: JitoSOL and MPLX Trading Launches on Coinbase July 24
- Coinbase to List JitoSOL & MPLX, Driving Solana Growth in DeFi and NFTs
- JitoSOL & MPLX Join Coinbase as Exchange Doubles Down on Solana Expansion
Coinbase will launch trading for JitoSOL and MPLX on July 24 as part of its growing Solana offerings. Both tokens will be listed under the SPL token standard and available on the JITOSOL-USD and MPLX-USD pairs. Trading starts after 9 AM PT once liquidity conditions are met, as Coinbase expands its support on the Solana network.
JitoSOL to Debut as a Flexible Staking Asset
Coinbase will add JitoSOL to its Solana offerings, bringing new exposure to one of the network’s most widely used staking assets. Issued by the Jito Foundation, JitoSOL allows holders to stake SOL without locking it, boosting its DeFi appeal. This flexibility has contributed to its growing adoption across various protocols on Solana.
Coinbase will add support for Jito Staked SOL (JITOSOL) and Metaplex (MPLX) on the Solana network (SPL token). Do not send these assets over other networks or your funds may be lost. Transfers for these assets are available on @Coinbase & @CoinbaseExch in the regions where…
— Coinbase Assets 🛡️ (@CoinbaseAssets) July 23, 2025
Although social sentiment remains positive, market signals have started to shift ahead of the Coinbase listing. Technical data from analytics platforms shows JitoSOL may be overbought, signaling short-term pullbacks. However, traders are monitoring trading volume to determine momentum post-listing.
Coinbase confirmed that JitoSOL will only be available on SPL-compatible wallets, and any deposits made via unsupported networks may result in lost funds. Transfers are already open for users in eligible regions, while trading will activate in phases. As part of its transparency efforts, Coinbase has published the JitoSOL contract address to reduce the risk of user error.
MPLX Listing Targets NFT Ecosystem Expansion
Metaplex’s MPLX token will also join Coinbase’s Solana offerings starting July 24, with trading subject to liquidity thresholds. The MPLX token supports governance and infrastructure development for Solana-based NFTs and powers the Metaplex protocol. Coinbase aims to offer exposure to this growing NFT ecosystem through the SPL token standard.
MPLX has gained traction in recent months as Solana’s NFT market recovers, drawing renewed attention to its governance model. Still, market analysts point out bearish MACD signals and flat whale activity, indicating uncertainty ahead of the listing. Despite increased mentions on social platforms, price action has not yet confirmed a strong upward trend.
Coinbase highlighted that MPLX trading will only be available in supported jurisdictions, and regional restrictions may apply. The company also disclosed the official SPL contract address for MPLX to prevent misdirected deposits. As with JitoSOL, Coinbase will phase in trading once the liquidity target is reached.
Solana Ecosystem Gains Momentum With Exchange Support
Coinbase’s decision to add JitoSOL and MPLX strengthens its Solana offerings and supports the network’s broader ecosystem growth. These additions reflect growing interest in Solana-native assets beyond traditional DeFi and NFT use cases. Both tokens provide functionality that aligns with evolving blockchain demand.
The SPL listings reinforce Coinbase’s focus on asset diversification while maintaining clear guidelines for transfers and trading. Users are encouraged to send JitoSOL and MPLX only to Solana addresses, as cross-chain deposits could lead to permanent loss. Coinbase noted that trading may carry an “Experimental” label as part of its recent policy on new assets.
Coinbase continues to expand its Solana offerings to meet user demand while ensuring compliance and safety. As of July 24, JitoSOL and MPLX will be available for eligible users on both Coinbase and Coinbase Exchange. The platform will roll out trading gradually based on market readiness.
