In a thrilling development for crypto enthusiasts, ResearchCoin (RSC) has surged 15% following Coinbase’s announcement to list the token on its Ethereum Layer 2 Base network. This explosive growth marks a pivotal moment for the ResearchHub platform and its community-driven approach to scientific research.
Why Did ResearchCoin Jump 15% After Coinbase Listing News?
The price of ResearchCoin (RSC) reached a peak of $0.77 before settling at $0.76, representing a staggering 99% increase since July 25 when Coinbase first hinted at the listing. Key factors driving this surge include:
- Enhanced liquidity from Tier 1 exchange access
- Increased visibility in the crypto market
- Growing confidence in ResearchHub’s model
Ethereum Layer 2 Base Network: The Perfect Home for ResearchCoin
Coinbase’s decision to list RSC on its Ethereum Layer 2 solution brings several advantages:
| Benefit | Description |
|---|---|
| Lower Fees | Transactions cost significantly less than mainnet |
| Faster Speed | Near-instant transaction confirmation |
| Scalability | Ability to handle high transaction volumes |
ResearchHub’s Vision: Revolutionizing Scientific Publishing with RSC Token
The ResearchHub platform, co-founded by Coinbase CEO Brian Armstrong, uses the RSC token to:
- Reward scientific content creators
- Compensate peer reviewers
- Create a paywall-free alternative to traditional journals
- Foster community-driven research collaboration
Addressing the Elephant in the Room: Potential Conflicts of Interest
While Coinbase maintains that Brian Armstrong has no role in listing decisions, questions remain about:
- The independence of Coinbase’s Digital Asset Support Group
- Armstrong’s dual leadership positions
- The upcoming expiration of his no-sell commitment in October 2025
What’s Next for ResearchCoin After This Game-Changing Listing?
As RSC begins trading on Coinbase, the crypto community will watch for:
- Sustained trading volume and liquidity
- Adoption growth on ResearchHub
- Potential price volatility around Armstrong’s sell window
- Further integration with academic institutions
The ResearchCoin listing represents more than just another crypto asset – it’s a bold experiment in decentralizing scientific research and creating new models for knowledge sharing. While challenges remain, the 15% surge shows the market’s excitement about this innovative project finding its way to a major exchange.
Frequently Asked Questions
When will ResearchCoin start trading on Coinbase?
Trading is scheduled to begin at 9 a.m. PT on Thursday, provided liquidity conditions are met.
What is the purpose of the RSC token?
ResearchCoin serves as the native governance and rewards token for the ResearchHub platform, incentivizing scientific contributions and peer reviews.
Is Coinbase affiliated with ResearchHub?
No, Coinbase has explicitly stated it is not affiliated with ResearchHub, despite Brian Armstrong’s personal involvement as co-founder.
What exchanges previously offered RSC trading?
Before the Coinbase listing, RSC was available on Gate, CoinEX, and Uniswap.
How much funding has ResearchHub raised?
The platform has raised $7 million from investors including Open Source Software Capital and Y Combinator’s Garry Tan.
What was ResearchCoin’s price before the listing announcement?
RSC traded at about $0.38 on July 25 before Coinbase revealed its listing plans.
