Coinbase Allows SOL Transactions on Base Network
- Coinbase enables SOL transfers on Base via Chainlink CCIP.
- Excludes regions: New York, Japan, others.
- Facilitates SOL ERC-20 use in Base DeFi.
Coinbase has introduced SOL deposits and withdrawals on the Base network via Chainlink’s CCIP, effective December 23-24, 2025, facilitating SOL transfers as ERC-20 tokens.
This integration enhances Solana liquidity access in the Base ecosystem while supporting the expansion of hybrid decentralized applications.
Coinbase Enables SOL Transactions on Base Network
Coinbase has launched SOL deposits and withdrawals on its Base network via Chainlink’s Cross-Chain Interoperability Protocol (CCIP). This update was initiated on December 23-24, 2025, enhancing the Base network’s interoperability capabilities.
The key players in this integration are Coinbase and Chainlink, collaborating for this ERC-20 bridging solution. It enables direct exchange with Base addresses, expanding the network’s reach and usability while excluding specified jurisdictions.
This integration impacts the use of SOL in Base DeFi applications, offering enhanced liquidity possibilities. However, the service is restricted in areas such as New York and Japan, limiting access to specific users worldwide. This move can drive financial market adaptations by increasing Solana’s utility within the Ethereum ecosystem. No immediate financial investments or significant market changes have been observed, although potential benefits seem promising.
No regulatory body comments have surfaced, leaving speculative impacts on compliance and market stability. This update is part of Coinbase’s broader vision to integrate more seamlessly diverse blockchain networks and assets into everyday transactions.
This feature allows direct sends from Coinbase to Base addresses but excludes users in several regions.
This technological advance could incentivize similar bridges across other networks, reflecting a trend towards cross-chain interoperability. Historical integrations, like Coinbase’s Jupiter trading tool, reveal a pattern of reducing friction within crypto transactions.
