Coinbase Acquires Solana DEX Vector to Boost On-Chain Trading

Coinbase has announced the acquisition of Vector, a Solana-native decentralized exchange (DEX), in a move that significantly expands its presence within the Solana ecosystem. The strategic move aims to integrate Vector’s mobile-first approach and focus on meme coins into Coinbase’s existing on-chain trading capabilities. Financial terms of the deal remain undisclosed, but market analysts anticipate an increase in Solana-based trading activity following the announcement.