Coinbase to Suspend RNDR, RBN, MOBILE, and SYN Trading in June

Coinbase has announced it will suspend trading for four cryptocurrencies—Render (RNDR), Ribbon Finance (RBN), Helium Mobile (MOBILE), and Synapse (SYN)—starting June 26, 2025, at 2 p.m. Eastern Time. According to the official Coinbase Assets account on X (formerly Twitter), this decision is part of the exchange’s routine review process to ensure that all listed tokens continue to meet its compliance and technical standards.

The delisting is linked to the availability of updated versions of the affected tokens. As blockchain projects evolve, they may shift to new networks or issue upgraded tokens. In such cases, older versions often become obsolete and no longer meet the criteria for trading on major platforms like Coinbase.

While Coinbase hasn’t confirmed if it will support or automatically upgrade to the newer token versions, it emphasized that users will still be able to withdraw the tokens even after trading is suspended. Investors holding RNDR, RBN, MOBILE, or SYN should stay informed and monitor Coinbase’s blog, social media, or support pages for future updates regarding token migrations or recommended actions.

Crypto analysts stress that delistings are not necessarily a sign of a project's failure. In this case, the move reflects a technical update rather than fundamental issues with the projects. Still, users are advised to act promptly to manage their assets, especially when trading functionality is about to be removed.

Staying updated on exchange policies is critical in crypto investing. As listings change due to upgrades and network shifts, being aware of key dates like Coinbase’s June 26 suspension can help investors protect their holdings and make informed decisions.