Solana News: Coinbase Just Added Solana as Loan Collateral Alongside Bitcoin and Ethereum: Is SOL Finally Getting Its Moment?

Solana News: Coinbase Just Added Solana as Loan Collatera... Coinbase SOL Collateral: What 70% LTV Means for Solana The post Solana News: Coinbase Just Added Solana as Loan Collateral Alongside Bitcoin and Ethereum: Is SOL Finally Getting Its Moment? appeared first on Cryptonews. Coinbase has added Solana as eligible collateral for its crypto-backed lending service, allowing U.S. users to borrow up to $100,000 in USDC against their SOL holdings. Bullish news for Solana.The integration was on May 12, confirming SOL joins Bitcoin and Ethereum as accepted collateral on Coinbase's non-custodial loan product built on the Morpho protocol over Base.The maximum loan-to-value ratio for SOL is set at 70%. That number is the key variable; it determines how much borrowing power a holder unlocks, and it sets the distance to liquidation in a volatile asset. Holding SOL?SOL-backed loans are now available on Coinbase.Instantly borrow up to $100K in USDC against your Solana without selling. pic.twitter.com/rfZBZ0KiH6- Coinbase (@coinbase) May 12, 2026 In practice: a holder with $10,000 in SOL can draw up to $7,000 in USDC. Collateral is locked in a smart contract on-chain. No repayment deadline applies, but if the LTV hits the liquidation threshold, which carries a 4.38% penalty, the position is auto-liquidated, and the remaining collateral is returned.Borrowed USDC cannot be used for trading on Coinbase directly.Solana (SOL)24h7d30d1yAll timeDiscover: The best pre-launch token salesSolana Price Momentum Makes the integration News Timing Deliberate, Breakout to $100 Soon?SOL is sitting at $95.69 on the 4h chart, and the price action since early May has been the most decisive upside move since the February collapse, with price breaking out of the $82 to $92 range that had been containing it for weeks and pushing toward the $98 to $100 zone that has been the ceiling since January.The structure of higher lows from the $77 bottom in late February through March and April built a solid base, and the breakout that is now unfolding has real momentum behind it rather than looking like another fakeout.The $94 level is now the immediate support to watch on any pullback, as it marks the breakout zone from the prior range. Holding that on a retest would confirm the move is genuine and not just a wick into resistance.Source: SOLUSD / TradingviewAbove the current price, $98 to $100 is the next meaningful wall, and a clean break there opens the path toward $106 and $110, where heavier resistance sits from the January distribution.What makes this move more interesting than a mere technical breakout is the Coinbase lending news behind it.SOL being added as the third major collateral tier after Bitcoin and Ethereum, alongside $2.3 billion in cumulative crypto-backed loan originations, means holders with unrealized gains can now access liquidity without selling, which structurally reduces sell pressure while demand stays intact.The long-term trend recovery is still incomplete with price below its 200-day moving average, but the short and medium-term setup is the most constructive it has been all year.Discover: The best crypto to diversify your portfolio withThe post Solana News: Coinbase Just Added Solana as Loan Collateral Alongside Bitcoin and Ethereum: Is SOL Finally Getting Its Moment? appeared first on Cryptonews. Market Context The cryptocurrency market remains highly dynamic, with digital assets experiencing significant price movements driven by institutional adoption, regulatory developments, and technological innovations. Investors should consider both the potential rewards and risks associated with crypto investments. Key Takeaways Stay updated on cryptocurrency market developments and price movements Monitor regulatory news that could impact digital asset valuations Consider risk management strategies for volatile crypto investments Published: May 13, 2026 | Source: CryptoNews