Coinbase will suspend trading for four crypto tokens on June 26, 2025, impacting a large portion of its user base. The tokens being removed are Render (RNDR), Ribbon Finance (RBN), Helium Mobile (MOBILE), and Synapse (SYN).
According to the Coinbase Assets channel on X, the platform is delisting the tokens because updated versions now exist. Coinbase now considers the current versions unfit for their exchange because of blockchain updates and updated tokens.
These software updates mean that earlier versions now conflict with the platform’s compliance needs.
Coinbase makes this decision as part of its ongoing process to ensure assets still adhere to listing criteria. When there are major upgrades to impacted tokens, Coinbase has taken out their older variants from trading on the platform.
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Trading will be disabled at 2 p.m. Eastern Time on June 26, after which users will no longer be able to buy, sell, or convert these assets on the platform. However, Coinbase confirmed that users can still withdraw these tokens to external wallets even after trading is suspended.
Millions Could Be Impacted by Trading Halt
Many users currently hold MOBILE, RBN, RNDR, or SYN, and their ability to manage these tokens through Coinbase will be limited after the delisting. Coinbase has not disclosed whether it plans to support the updated token versions or offer an automatic upgrade.
With just weeks remaining before the deadline, users are being urged to act quickly. Waiting too long could make it harder to transfer or exchange the assets, especially if no further support is provided for the upgraded versions.
Once a cryptocurrency is delisted from Coinbase, one can still withdraw money for some time, but trading will end, as is stated in the announcement. Investors should regularly check Coinbase’s blog and its official X channel for updates.
This change is not meant to imply that the projects are not succeeding. This happens often in crypto, where the first version of a token loses popularity after significant improvements are released. It is crucial for token holders going through a transition to stay updated.
These token delistings may influence the actions of millions of Coinbase users before June 26. Staying updated is critical, especially for holders of tokens undergoing transition.
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