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>>Solana Update: Coinbase has added SOL as loan collateral alongside Bitcoin and Ethereum—Is SOL finally getting its moment?

Solana Update: Coinbase has added SOL as loan collateral alongside Bitcoin and Ethereum—Is SOL finally getting its moment?

crypthub

5/13/2026, 1:10:32 PM

Coinbase Lending Expansion

Coinbase has added Solana (SOL) as an eligible collateral for its crypto-backed lending service. U.S. users can now borrow up to $100,000 in USDC using their SOL holdings. This marks SOL joining Bitcoin and Ethereum as accepted collateral on the non-custodial loan product. This integration allows holders to access liquidity without needing to sell their assets.

Loan Mechanics and Risk Management

The lending product operates via a smart contract, locking the collateral on-chain. The maximum loan-to-value ratio (LTV) for SOL is set at 70%. This ratio determines the borrowing power, meaning $10,000 in SOL can draw up to $7,000 in USDC. While there is no repayment deadline, positions are automatically liquidated if the LTV hits the set threshold, which includes a penalty.

Market Momentum and Price Outlook

SOL has shown decisive upside momentum since earlier in the year, having broken out of previous resistance levels. Price action suggests a solid technical base established through higher lows in recent months. A clean break above the $98 to $100 range could open a path toward $106 and $110. This lending news structurally supports SOL by providing an alternative source of liquidity for holders.