Solana-Based Decentralized Real Estate Trading Platform Rallies After Coinbase Places Altcoin on Listing Roadmap

A decentralized actual property buying and selling platform constructed on good contract platform Solana (SOL) is booming after touchdown a spot on Coinbase’s roadmap.

In a brand new thread on the social media platform X, Coinbase Belongings announces the addition of decentralized change (DEX) Parcl (PARCL) to its roadmap, resulting in a virtually 50% rally in simply 24 hours.

Coinbase makes use of the itemizing roadmap for transparency and to forestall insider buying and selling of cash earlier than they’re listed. If the corporate is positioned on the itemizing roadmap, the corporate has decided that the asset is more likely to be obtainable for buying and selling sooner or later.

Parcl is a platform that enables customers to commerce and spend money on actual property via artificial belongings with out really proudly owning actual property. Artificial belongings are blockchain-based representations of real-world belongings reminiscent of shares, securities and actual property.

Parcl work by offering customers with world metropolis indices and permitting them to accumulate tokens that signify a stake in a particular index.

“Metropolis indices signify the whole worth of actual property in a given metropolis. As an alternative of buying and selling particular person properties, you possibly can commerce the index worth that represents the median worth per sq. meter, providing you with diversified publicity to a whole metropolis’s actual property market.”

Among the cities followed for commerce by Parcl embrace New York, Miami Seaside, San Francisco, Austin, Los Angeles, Chicago, Dubai and plenty of extra.

On the time of writing, Parcl is buying and selling at $0.516, down greater than 5% on the day.

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Generated picture: Midjourney
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