Coinbase (COIN) Stock: Crypto Exchange Acquires Solana Trading Platform Vector

TLDR

• Coinbase is acquiring Vector, a Solana-based decentralized exchange and social trading app focused on meme coin trading
• Vector’s technology can detect and support new Solana assets instantly upon creation or launchpad launch
• Solana’s DEX volume has exceeded $1 trillion in 2025 according to Messari research
• Vector’s mobile and desktop apps will be discontinued as the technology integrates into Coinbase’s platform
• This marks Coinbase’s ninth acquisition of 2025, following purchases including Deribit and Echo

Coinbase announced Friday it has entered into an agreement to acquire Vector. The deal brings a Solana-based trading platform into the crypto exchange’s ecosystem.

Vector operates as a mobile-first social trading application. The platform specializes in meme coin trading on the Solana blockchain.

The acquisition represents Coinbase’s ninth deal in 2025. Previous acquisitions this year included Deribit and Echo.

Coinbase Global, Inc., COIN

Vector’s core technology focuses on instant asset detection. The platform can identify new Solana assets immediately when they launch onchain or through major launchpads.

This infrastructure will integrate directly into Coinbase’s DEX trading features. Users will gain access to broader onchain markets through the combined platform.

The Solana ecosystem has seen substantial trading activity in 2025. Messari research shows the network’s decentralized exchange volume has already surpassed $1 trillion for the year.

Coinbase plans to leverage Vector’s Solana-native experience. The team brings deep knowledge of the network’s infrastructure and asset landscape.

Integration Plans and Platform Changes

Vector’s current standalone applications will shut down. Both the mobile and desktop apps will be discontinued as part of the integration process.

The Vector team will join Coinbase to support the platform transition. Their expertise will help improve speed and liquidity across Solana trading options.

Coinbase describes the move as part of building an “everything exchange.” The strategy focuses on expanding asset access and strengthening presence in high-activity blockchain ecosystems.

The Tensor Foundation will remain independent from Coinbase. This community-governance group oversees the Tensor NFT marketplace and its native token.

Market Reaction and Timeline

Coinbase shares dropped 0.6% on Friday following the announcement. The decline came as Bitcoin experienced downward pressure.

Bitcoin fell to a low of $80,554 during Friday’s trading session. The cryptocurrency later recovered to $83,600.

Bitcoin is currently experiencing its worst monthly performance since 2022. The broader crypto market has faced headwinds throughout November.

The Vector acquisition is subject to customary closing conditions. Both companies expect the transaction to close by year-end.

Vector’s technology will provide Coinbase users with faster access to emerging Solana tokens. The platform’s detection capabilities work across multiple launchpad protocols.

The deal positions Coinbase to capture more trading volume from the Solana ecosystem. The network has emerged as a popular destination for new token launches and meme coin trading.

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