According to Dave (@ItsDave_ADA), the SNEK token team has successfully achieved listing on a premium Tier 1 exchange, marking a significant milestone for Cardano Native Assets. This development is expected to improve liquidity and enhance trading opportunities for SNEK and other Cardano-based tokens, increasing visibility among institutional traders and retail investors (source: Dave on Twitter, April 25, 2025). Traders should monitor SNEK’s price action and trading volumes closely, as initial listings on major exchanges often lead to notable volatility and potential breakout moves.

According to Dave (@ItsDave_ADA), there is a growing inquiry into whether Coinbase will support Cardano Native Assets, especially given its role as the designated custodian for the Grayscale Cardano ETF. This potential support could significantly impact Cardano trading volumes and liquidity if implemented, providing traders with more options for asset management and trading strategies.