Does Coinbase Have a Diversification Problem?

Depending on how you look at it, this could be ominous for Coinbaseโ€™s future growth or simply a matter of common sense. ETH and BTC are the two largest networks, but that hasnโ€™t prevented, say, Solana from finding a user base. Not every token will be a winner, but presumably unless something catastrophic happens recent launches like Sui and Aptos will find uses and users too.

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