Coinbase, the largest crypto exchange in the US, has revealed the potential future listing of an altcoin within the Bitcoin (BTC) scaling ecosystem.

The exchange made it public that Core (CORE)** is now on its listing roadmap, meaning the exchange will possibly list it for trading in the future.

What is Core?

Core is designed to be a hyper-scalable complementary intelligent contract platform to Bitcoin. Its advanced features aim to enhance the Bitcoin ecosystem.

Core's ecosystem consists of several major components, including its Satoshi Plus consensus mechanism, its non-custodial staking, and its native version of wrapped Bitcoin.

Market Metrics

Core currently boasts a market cap of $1.96 billion and a fully diluted valuation of $4.64 billion. These numbers indicate a strong interest and significant investment in the Core platform. The potential listing on Coinbase might further boost its visibility and adoption.

Analyst Insights

Crypto analyst Altcoin Sherpa has expressed optimism about Core's potential. He stated, 'CORE: temporary bottom looks in but would wait for a solid break of $2 before entering.

One of my bets for the BTC ecosystem plays this cycle; this goes to $2.50+ in the mid-term as long as BTC is stable.' His analysis suggests that Core could see substantial growth if Bitcoin remains stable.

'One of my bets for BTC ecosystem plays this cycle,' says Altcoin Sherpa.

Coinbase's Listing Roadmap

Coinbase created its listing roadmap in 2022 to increase transparency and reduce the possibility of investors front-running new trading support announcements.

The roadmap helps investors stay informed about potential listings and make educated decisions.

With Core now on the roadmap, the anticipation builds. Investors and enthusiasts are keenly watching for further developments. The listing could mark a significant milestone for Core and the broader Bitcoin scaling ecosystem.