Coinbase Suspends BADGER and STORJ Trading on September 29

Published: 2026-08-29 00:18:12 |

Coinbase will suspend BADGER and STORJ trading at 02:00 on September 29, 2026. The exchange announced the decision on August 28 and has already moved both order books to limit-only mode. Traders can place or cancel limit orders, but execution is not guaranteed. After the Coinbase trading suspension, users will retain access to their holdings and withdrawals will remain available. The exchange said its asset reviews consider factors including liquidity and trading performance. BADGER supports a decentralised finance protocol focused on Bitcoin-based yield products, while STORJ is the token of a decentralised cloud-storage network. BADGER liquidity and market attention have weakened after reduced support from Binance and Crypto.com in 2025. Storj Labs also filed for Chapter 11 bankruptcy in July 2026, although the network reportedly remains operational. The Coinbase trading suspension could reduce liquidity, widen spreads and weaken price discovery for both tokens. It may also increase short-term selling pressure and volatility, particularly for STORJ. The broader crypto-market effect is likely to be limited, but traders should monitor order-book depth and liquidity on other exchanges.

Bearish

The news is bearish for BADGER and STORJ because removal from Coinbase’s regular trading markets can reduce liquidity, widen spreads and weaken price discovery. The shift to limit-only trading may create fragmented execution and encourage some holders to sell before the suspension. STORJ faces additional downside risk because of Storj Labs’ Chapter 11 bankruptcy filing, while BADGER has already experienced weaker support and market attention. Short-term volatility and selling pressure are likely to increase, especially if traders interpret the suspension as a sign of declining exchange confidence. Over the longer term, the tokens could stabilise if liquidity remains available on other exchanges and their underlying networks continue operating. However, reduced Coinbase access is likely to weigh on demand and market participation. The expected direct price impact on both mentioned cryptocurrencies is therefore bearish, although the wider market impact should remain limited.