ResearchCoin (RSC) Surges Up to 70% Following Coinbase Listing on Base Network

ResearchCoin (RSC), the native utility token of the Web3 scientific research platform ResearchHub, has seen a significant price surge, reportedly up to 70%, following its listing on Coinbase. The major cryptocurrency exchange announced that trading for RSC would commence on its Ethereum-based Layer 2 network, Base, on or after July 31, 2025, contingent on liquidity conditions. This move aims to enhance accessibility for everyday users and integrate more scientists into the ResearchHub ecosystem.

The listing announcement triggered an immediate market reaction, with RSC's price jumping by approximately 15% to 70% across various reports and its 24-hour trading volume exceeding $1.2 million. On July 31, RSC was observed trading at $0.7525, marking a 12.5% increase from the previous day, while some reports indicated an overall surge of 70% since the listing roadmap inclusion. This heightened interest propelled its market capitalization to approximately $63 million.

ResearchCoin and its parent platform, ResearchHub, were co-founded in 2019 by Coinbase CEO Brian Armstrong and scientist Patrick Joyce. ResearchHub is a decentralized initiative designed to accelerate scientific research and collaboration by incentivizing users for their contributions, such as sharing, curating, and discussing information. The RSC token facilitates community governance and rewards within this ecosystem.

The listing has, however, raised concerns regarding a potential conflict of interest due to Armstrong's involvement with ResearchHub. Coinbase addressed these concerns by stating that "ResearchCoin has no affiliation with Coinbase" and that "Brian Armstrong does not participate in Coinbase's listing review or approval process." Armstrong himself has publicly committed not to sell his RSC holdings for at least four years, a pledge made in 2022.

The inclusion of RSC on Coinbase's Base network underscores the exchange's strategy to diversify its offerings and support emerging blockchain initiatives focused on scalability and lower transaction costs. This development is expected to significantly boost the visibility and adoption of ResearchCoin, potentially paving the way for broader engagement in the decentralized science (DeSci) movement and ResearchHub's mission to foster open access and collaboration in scientific research.