The top US-based crypto exchange platform Coinbase is adding support for one Ethereum (ETH)-based science research token.
In a new thread on the social media platform X, Coinbase says it’s adding ResearchCoin (RSC), the native asset of a science-based research blockchain co-founded by Coinbase chief executive Brian Armstrong, to its suite of crypto products.
[adinserter block="1"]“Coinbase will add support for ResearchCoin on the Base network… Trading will begin on or after 9AM PT on 31 July 2025, if liquidity conditions are met. Once sufficient supply of this asset is established trading on our RSC-USD trading pair will launch in phases.”
News of the addition preceded a spike in price for the asset, as RSC went from a low of $0.385 on July 25th to a high of $0.762 on July 31st. ResearchCoin has since stabilized and is trading for $0.741 at time of writing, a 10.7% increase during the last 24 hours.
In its official whitepaper, the developers of the project say they created it as a means of improving science research and communication.
“ResearchCoin has been created to incentivize participation in a highly collaborative and entirely open access platform, ResearchHub.
This first of its kind token serves to galvanize a community of academics and nonacademics in support of ResearchHub’s goal of creating an all-encompassing forum for the communication of academic research.
The downstream benefits of the success of such a community are significant: with adoption, silos that currently exist in the world of research are eliminated. As a result of this improved communication, the pace of research and the application of research are accelerated.”
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