Coinbase Listing Sparks Speculation Tied to Trump’s SEC Pick
Coinbase has revealed it will soon support trading for Reserve Rights (RSR) on the Base blockchain, with transfers already live for users in eligible regions.
According to the company, full trading will kick off no earlier than 9 AM PT on April 22, 2025, starting with the RSR-USD pair once there’s enough liquidity.
This listing comes at a time when RSR has been gaining attention, thanks in part to a recent surge in price—up 7.7% in a day, 7.2% over the past week, and more than 24% over the last month. Much of the buzz is linked to Paul Atkins, a former SEC Commissioner with prior ties to the Reserve Rights Foundation, who has now been tapped by President Trump to lead the SEC.
Atkins, who previously advised the Reserve project during its formative stages, is seen by some in the industry as supportive of crypto innovation. His nomination has sparked speculation that his leadership could usher in a more favorable regulatory climate, possibly helping tokens like RSR gain momentum.
Coinbase’s decision to launch RSR trading exclusively on the Base network has raised eyebrows due to the timing and Atkins’ past involvement. Critics have questioned whether the listing is coincidental or strategically aligned with growing optimism about the token’s regulatory outlook.
All this unfolds as Coinbase faces renewed legal pressure, with Oregon’s Attorney General reportedly preparing a securities-related enforcement action against the exchange.
Alex is Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
