Cryptocurrency investors using Coinbase are facing a significant change as the U.S.-based exchange prepares to delist five digital assets: Galxe (GAL), Litentry (LIT), Mines of Dalarnia (DAR), Orion Protocol (ORN), and PARSIQ (PRQ). The delisting is scheduled for May 16, 2025, at approximately 2:00 p.m. Eastern Time. This move follows Coinbase’s ongoing efforts to maintain platform integrity by ensuring only compliant and up-to-date tokens remain tradable.
👉 Discover how top traders navigate exchange delistings and protect their portfolios.
Why Is Coinbase Removing GAL, LIT, DAR, ORN, and PRQ?
Coinbase has clarified that these tokens are being removed not due to performance or security issues, but because their development teams have released new versions of the respective tokens. As a result, the original tokens no longer meet Coinbase’s current listing standards.
The exchange emphasizes that this action is part of its regular asset review process, which helps ensure that all listed cryptocurrencies comply with evolving technical, legal, and operational requirements. By delisting outdated token versions, Coinbase aims to reduce confusion among users and support only the most current and secure iterations of blockchain projects.
This type of delisting is not uncommon in the fast-moving crypto ecosystem. Many projects undergo token migrations, protocol upgrades, or rebranding efforts that render previous tokens obsolete. Exchanges like Coinbase must respond accordingly to maintain alignment with project developments and regulatory expectations.
How Will Users Be Affected?
The impact of this delisting extends across all major Coinbase trading platforms, including:
- Coinbase Simple Trade
- Coinbase Advanced Trade
- Coinbase Exchange
- Coinbase Prime
To prepare for the full suspension of trading, Coinbase has already transitioned the order books for GAL, LIT, DAR, ORN, and PRQ into limit-only mode. This means users can still place limit orders and cancel existing ones, but market orders are no longer supported. Matching trades may continue until the official delisting time.
After May 16, trading will be fully suspended, and these tokens will no longer be available for purchase or sale on any Coinbase service. Additionally, future support for staking, rewards programs, or wallet services related to these tokens may also be discontinued unless new versions are relisted.
What Should Token Holders Do Before the Deadline?
With just over a week remaining before the delisting takes effect, holders of GAL, LIT, DAR, ORN, or PRQ on Coinbase should take proactive steps to manage their assets.
Key Actions for Affected Users:
- Sell Before Delisting: Users who wish to liquidate their holdings can do so before May 16 while limited trading remains active.
- Withdraw to a Self-Custody Wallet: Transferring tokens to a personal crypto wallet ensures continued access even after delisting. This is especially important if users plan to participate in upcoming token migrations.
- Follow Official Migration Guidelines: Since new versions of these tokens have been launched, holders should refer directly to each project’s official website or community channels for instructions on how to upgrade their tokens.
It’s important to note that Coinbase will not automatically migrate these tokens or perform swaps. Responsibility falls on individual users to complete the migration process independently if they wish to retain value in the updated versions.
👉 Learn how to securely store and manage crypto during token migrations.
Why This Delisting Matters to the Broader Crypto Market
Coinbase is one of the most influential cryptocurrency exchanges globally—particularly within the United States, where it operates under strict regulatory oversight. As a publicly traded company (NASDAQ: COIN), its listing and delisting decisions are closely watched by institutional investors, regulators, and retail traders alike.
When a major platform like Coinbase removes assets, it often leads to:
- Reduced liquidity for the affected tokens
- Lower price stability due to decreased trading volume
- Decreased visibility and accessibility for new investors
However, in this case, the delisting is driven by technical evolution, not project failure. The fact that new token versions exist suggests that these projects are actively developing and improving their ecosystems.
Still, effective communication between project teams and their communities becomes crucial during such transitions. Poorly managed migrations can lead to user confusion, lost funds, or diminished trust—while smooth upgrades can strengthen long-term adoption.
Market participants should monitor announcements from:
- Each project’s official blog or social media
- Alternative exchanges that may list the new token versions
- Wallet providers supporting the upgraded tokens
Frequently Asked Questions (FAQ)
Q: Why is Coinbase delisting GAL, LIT, DAR, ORN, and PRQ?
A: These tokens are being removed because newer versions have been released by their development teams. Coinbase only lists current and compliant token versions.
Q: Can I still trade these tokens on Coinbase?
A: Limited trading is available through limit orders until May 16, 2025. After that date, all trading will be suspended.
Q: Will Coinbase support the new versions of these tokens?
A: There is no confirmation yet. Listing decisions depend on whether the new tokens meet Coinbase’s evaluation criteria.
Q: What happens if I don’t withdraw my tokens before delisting?
A: You may lose access to trading functionality, and future withdrawal options could be limited. It’s recommended to act before the deadline.
Q: Can I migrate my tokens directly through Coinbase?
A: No. Token migrations must be completed manually via external wallets and official project tools. Coinbase does not offer automatic swaps.
Q: Are these projects failing due to the delisting?
A: Not necessarily. The delisting is due to technical updates—not project health. Some teams use token upgrades to improve scalability, governance, or security.
👉 Stay ahead of crypto market changes with real-time insights and tools.
Final Thoughts
While the delisting of GAL, LIT, DAR, ORN, and PRQ from Coinbase may seem concerning at first glance, it reflects a normal part of the maturation process in the blockchain space. As projects evolve, infrastructure providers—including exchanges—must adapt accordingly.
For users, this event serves as a reminder of the importance of self-custody, staying informed, and understanding the lifecycle of digital assets. Relying solely on centralized platforms carries risks when upgrades or changes occur outside user control.
By taking timely action—whether selling, withdrawing, or migrating—investors can protect their holdings and remain engaged with the next phase of these evolving blockchain ecosystems.
As always, verifying information through official sources and exercising caution during transitions is essential for long-term success in crypto.