Coinbase is one of the world-leading exchanges has recorded the highest number of listing in 2021 as the exchange has a total of 139 tradable assets, which indicates a high volume of listing in this year 2021.
If coinbase was not doing it and then another cexs will be robbed their daily trade volume. You must always remember that sometimes the volume gets centralized into the some new tokens that have not yet listed in coinbase. You can imagine if CB customer was also moving their money to that token and it's not yet listed in coinbase. That would be a disaster if coinbase didn't actively listing the new tokens on its market. Im so glad that CB has been changing.
This boom in the listing is traceable to the rise of new projects and platforms such as NFTs, Defi, and the metaverse which have made the entire cryptocurrency market increase in its demands and usability.
Yeah, the reason for listing must be to follow the trend. Coinbase can't only see all of volume gets centralized into the new tokens that gained massive popularity among the crypto investors and traders. Im so glad this is also changing coinbase's perspective to listing a new token on its exchange sites to be much more easier than before.