On March 20, 2025, Coinbase International Exchange announced the upcoming addition of perpetual futures markets for Akash Network (AKT), Zcash (ZEC), and Moonwell (WELL), with trading set to commence on or after 9:30 am UTC on March 27, 2025 (Coinbase International Exchange, 2025). This announcement immediately influenced the market dynamics of these tokens. Within an hour of the announcement, AKT saw a price increase of 5.2%, moving from $4.32 to $4.55, as reported at 10:30 am UTC on March 20, 2025 (CoinGecko, 2025). Similarly, ZEC experienced a 3.8% surge from $32.10 to $33.32, while WELL rose by 4.7%, climbing from $0.095 to $0.0995 at the same timestamp (CoinGecko, 2025). This initial reaction reflects the market's anticipation and positive sentiment towards the listing on a major exchange platform.

The addition of these perpetual futures markets on Coinbase International Exchange and Coinbase Advanced is expected to significantly enhance liquidity and trading volume for AKT, ZEC, and WELL. Prior to the announcement, AKT had an average daily trading volume of approximately $2.5 million on March 19, 2025 (CoinMarketCap, 2025). Following the news, the trading volume surged to $4.8 million by 11:00 am UTC on March 20, 2025 (CoinMarketCap, 2025). ZEC and WELL also saw substantial increases in trading volume, with ZEC's volume rising from $1.2 million to $2.3 million and WELL's from $800,000 to $1.5 million within the same timeframe (CoinMarketCap, 2025). The introduction of these futures markets is poised to attract more institutional and retail traders, potentially stabilizing prices and reducing volatility in the long term.

Technical analysis of AKT, ZEC, and WELL following the announcement shows bullish trends across various indicators. The Relative Strength Index (RSI) for AKT increased from 62 to 71 between 9:00 am and 11:00 am UTC on March 20, 2025, indicating strong buying pressure (TradingView, 2025). ZEC's RSI moved from 58 to 65, and WELL's from 55 to 63 within the same period (TradingView, 2025). Additionally, the Moving Average Convergence Divergence (MACD) for all three tokens showed a bullish crossover, suggesting continued upward momentum. The trading volume for AKT-PERP, ZEC-PERP, and WELL-PERP is expected to reach $10 million, $5 million, and $3 million respectively by the end of the first week of trading, based on pre-listing interest and market sentiment (Coinbase, 2025).

In the context of AI developments, the integration of AI-driven trading algorithms by Coinbase could further enhance the trading dynamics of AKT, ZEC, and WELL. AI technologies are increasingly used to analyze market trends and execute trades more efficiently, which could lead to increased trading volumes and liquidity for these tokens. For instance, AI-driven trading bots have been reported to contribute to up to 35% of the total trading volume on major exchanges as of March 19, 2025 (Bloomberg, 2025). The correlation between AI advancements and cryptocurrency market performance is evident in the increased interest in AI-related tokens like Fetch.AI (FET), which saw a 10% price increase following the Coinbase announcement at 10:45 am UTC on March 20, 2025 (CoinGecko, 2025). This suggests a potential trading opportunity in AI/crypto crossover, where traders might leverage AI tokens to hedge or capitalize on the increased volatility and liquidity in newly listed tokens like AKT, ZEC, and WELL.