Coinbase Revamps Token Listing Process Amid Crypto Surge

Based on the provided news articles, here's a summarized and structured news report in the style of Bloomberg: * Coinbase, a leading cryptocurrency exchange, is revamping its token listing process amid a crypto surge. * The exchange aims to enhance its listing standards and provide more transparency to users. * Coinbase's new listing process will focus on evaluating tokens based on their utility, security, and compliance with regulations. * The exchange will also prioritize engagement with token projects and their communities. * Coinbase's revamped listing process comes as the crypto market experiences a surge in interest and investment. * The exchange's goal is to provide a more robust and secure platform for users to discover and invest in promising cryptocurrencies. * Jupiter's native token JUP has emerged as the market's top gainer, climbing 6% in the past 24 hours. * The surge follows an announcement that the Solana-based decentralized exchange will burn some of its JUP tokens and allocate half of its protocol fee revenue to repurchasing JUP from the market. * With a strengthening bullish bias, JUP is poised to maintain its uptrend in the short term. * Jupiter to Burn $3.6 Billion Worth of JUP Tokens, Launches Buyback Program + Jupiter wrapped up its first-ever 'Catstanbul 2025' event with a keynote address delivered by its pseudonymous founder 'Meow,' who outlined two major plans to enhance JUP’s value and utility. + One plan is to burn 3 billion JUP tokens, currently valued at approximately $3.6 billion. According to Meow, this will "reduce emissions, increase certainty, and lower the fully diluted valuation (FDV)." + Meow also announced a buyback program, stating that 50% of Jupiter’s protocol fee revenue will be allocated to repurchasing JUP tokens. These tokens will be held in a "long-term litterbox," signaling a commitment to stabilizing the token’s value over time. The remaining 50% of fee revenue will be directed toward growth initiatives and ensuring the platform’s operational stability. * JUP Token Reacts + These announcements have positively impacted JUP, whose value immediately soared to a 30