DoubleZero (2Z) and Its Strategic Inclusion in Coinbase's Listing Roadmap

The recent surge in interest around DoubleZero's 2Z token has positioned it as a standout player in the DePIN (Decentralized Physical Infrastructure Network) sector. With regulatory clarity from the U.S. Securities and Exchange Commission (SEC) and listings on major exchanges like Binance Alpha and Upbit, the token is now at a critical juncture. The question investors are asking is whether Coinbase, the largest U.S. crypto exchange, will include 2Z in its listing roadmap-and what that would mean for its market capitalization and broader adoption.

Regulatory Clarity as a Catalyst

The SEC's no-action letter, issued on September 29, 2025, is a pivotal development for 2Z. By affirming that the token does not satisfy the Howey Test and is not a security, the agency has provided a regulatory green light for institutional and retail investors wary of legal risks, according to a Capwolf report. This decision aligns with Coinbase's own emphasis on legal compliance, as outlined in Coinbase's listing guide. For 2Z, the SEC's endorsement reduces friction in attracting capital and legitimizes its utility as a functional token for incentivizing infrastructure providers in DoubleZero's decentralized cloud network, per a Bitget analysis.

Institutional Backing and Market Momentum

DoubleZero's $28 million in funding from top-tier venture capital firms-including Multicoin Capital and Dragonfly Capital-underscores its credibility, according to the Capwolf report. Such backing often signals to exchanges like Coinbase that a project has both technical viability and long-term potential. Additionally, the token's genesis supply of 10 billion tokens, with most locked under multi-year vesting schedules, creates scarcity in the short term, a factor analysts from Messari and CryptoQuant cite as a driver for potential 40–100% price gains in the initial two weeks post-launch, as described in the Bitget analysis.

Coinbase's listing process, which prioritizes market demand, technical security, and regulatory alignment (see Coinbase's listing guide), suggests that 2Z's existing momentum could accelerate its inclusion. The platform's transparency in publishing its asset roadmap further implies that projects with strong institutional support and clear utility-like DoubleZero's decentralized cloud infrastructure-are prioritized, a point highlighted in an Investisphere article.

The Coinbase Effect: Liquidity, Visibility, and Volatility

A listing on Coinbase would act as a catalyst in three key ways. First, it would significantly expand 2Z's liquidity pool, drawing in U.S. retail and institutional investors who prefer Coinbase's user-friendly interface and robust compliance framework. Second, the exchange's global reach would amplify the token's visibility, potentially attracting new participants to the DePIN sector. Third, historical data shows that tokens listed on Coinbase often experience short-term price volatility due to increased trading volume-a pattern observed in projects like Solana (SOL) and Ethereum (ETH) post-listing, as reported by The Cryptonomist.

However, Coinbase's rigorous technical security reviews (see Coinbase's listing guide) mean that 2Z must demonstrate resilience in its smart contract design and network infrastructure. DoubleZero's focus on decentralized cloud services, which already compete with centralized providers like AWS, positions it well in this regard. The project's ability to showcase real-world usage-such as staking, governance, and payments within its ecosystem-will further strengthen its case, as noted in the Bitget analysis.

Market Capitalization Potential

If Coinbase includes 2Z in its roadmap, the token's market capitalization could see a material boost. Analysts project a short-term price range of $0.80–$1.50 and a long-term target of $2.00–$3.50, driven by factors like initial exchange volume and ecosystem growth, according to the Capwolf report. Assuming a fully diluted valuation (FDV) of $10 billion (based on the 10 billion token supply), a price of $1.50 would imply a market cap of $15 billion-a 300% increase from its current valuation. Such growth would require sustained demand, but Coinbase's inclusion could act as a tipping point by reducing slippage and improving price discovery.

Conclusion

DoubleZero's 2Z token is uniquely positioned to benefit from a Coinbase listing, given its regulatory clarity, institutional backing, and alignment with the exchange's listing criteria. While the platform has not yet announced 2Z's inclusion, the project's existing momentum and utility-driven model make it a strong candidate. For investors, the key takeaway is that a Coinbase listing could amplify the token's catalyst effect, driving both liquidity and market capitalization growth. As the DePIN sector continues to evolve, 2Z's journey may serve as a case study in how regulatory compliance and strategic exchange partnerships shape the future of decentralized infrastructure.