Coinbase stock (COIN) jumps 1.75% after the exchange announced news regarding its latest acquisition, snapping up Solana-native DEX Vector in a move that extends its breakneck M&A streak and deepens its push into on-chain trading.
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Coinbase is not slowing down. The company announced that Vector’s team and technology will fold directly into its consumer trading arm, with Vector’s standalone apps set to wind down once the deal closes later this year. It is the ninth acquisition Coinbase has executed in 2025, adding another piece to its growing plan to become the industry’s “everything exchange.”
Coinbase Expands Its Solana Footprint
Coinbase leans aggressively into the Solana ecosystem with this purchase. Vector was built natively for Solana’s high-speed architecture, and integrating it gives Coinbase immediate technical lift in a market where Solana-based tokens continue to ship at a blistering pace.
The deal gives Coinbase faster order routing, improved execution quality, and quicker support for newly issued Solana assets. These are battle-ready advantages in a year where Solana DEX activity crossed an eye-popping 1 trillion dollars, fueled by memecoin mania and a new wave of high-frequency on-chain trading.
Vector’s apps will sunset after the transition, but the Tensor Foundation, which oversees the popular Tensor NFT marketplace and token, will continue to operate independently.
Coinbase Accelerates Its M&A Machine
Coinbase extends an acquisition streak that is redefining its competitive identity. This deal follows headline-grabbing purchases that include Echo for 375 million dollars and Deribit for 2.9 billion dollars earlier in the year.
Management continues treating M&A as the fastest path to market expansion, especially as rivals push deeper into derivatives, on-chain execution and noncustodial trading. Absorbing Vector keeps Coinbase’s pace high and signals confidence in a strategy aimed at assembling liquidity, infrastructure and consumer access under one roof.
The company says more integrations are coming as it aims to consolidate its leadership and accelerate its on-chain capabilities.
Solana DEX Growth Helps Justify the Deal
Solana’s trading landscape keeps expanding at unusual speed. DEX volume has already surged past 1 trillion dollars this year.
Even during a shaky month for crypto markets, Solana remained one of the most active ecosystems on-chain. That high-volume backdrop makes Vector’s expertise and architecture especially valuable, strengthening Coinbase’s position in a market where traders increasingly toggle between centralized and decentralized execution.
Coinbase Pushes the “Everything Exchange” Vision Forward
Coinbase frames the Vector acquisition as another step toward its long-stated ambition of building a platform where users can trade, swap, stake and interact with on-chain markets without friction.
The addition of Vector signals that Coinbase sees on-chain trading as a core revenue driver for the next cycle. Faster token listings, deeper liquidity routing and more efficient Solana execution fit squarely into that vision.
For traders, the takeaway is simple. Coinbase wants to be the first stop for everything that moves fast, lists early or demands high-performance infrastructure.
Is COIN Stock a Good Buy?
Accoridng to TipRanks data, the consensus is a Moderate Buy. This is based on 23 analyst ratings, which include 15 Buys, seven Holds, and one Sell over the past three months.
Analysts assign an average 12-month COIN price target of $396.30, representing a 62.09% upside from the latest price.
