- Users prepare for delisting
- Staying informed as a crypto investor
Coinbase has announced that it will suspend trading for four crypto tokens beginning on June 26, 2025. The tokens are Render (RNDR), Ribbon Finance (RBN), Helium Mobile (MOBILE), and Synapse (SYN).
According to the announcement, the suspension for these crypto tokens will take effect at 2 p.m. Eastern Time. The official Coinbase Assets channel on X states that the company regularly reviews assets listed on the platform to ensure that they meet its standards.
The tokens are scheduled to be delisted because newer versions of them are now available. Hence, the older versions no longer meet its criteria to remain listed.
Users prepare for delisting
As projects evolve, they sometimes switch networks completely, upgrade their blockchains, or issue new versions of their tokens. When these changes happen, the original versions will no longer need to be supported by exchanges since they will not align with their listing requirements.
At the time of writing, Coinbase hasn’t disclosed whether it will provide support for the updated versions of these tokens. Holders of MOBILE, SYN, RBN, and RNDR need to keep paying attention for additional updates regarding the delisting.
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Also, the leading crypto exchange didn’t mention whether it will upgrade the original tokens to new ones automatically or if there are any actions users who hold these tokens need to take. Those holding any of these digital assets must keep in mind that they won’t be able to trade them on Coinbase after the suspension date.
However, withdrawal of these tokens to an external wallet will still be available.
Staying informed as a crypto investor
Usually, Coinbase gives users enough time to withdraw or swap tokens it has scheduled to be delisted. However, to manage them after a delisting, users still need to act sooner for their own good.
It’s important to note that a delisting means an exchange is adapting to technical changes and not that the delisted tokens are worthless or that the projects behind them have failed.
For instance, the reason for the delisting of these four crypto assets is because they have updated versions and not because there are any issues with the projects behind them.
Those new to crypto investing need to understand that they must stay informed about the assets they’re holding.
For this reason, analysts recommend checking cryptocurrency exchanges’ social media accounts, their blog, or press release pages for up-to-date information about assets listed on the platforms.
