Coinbase’s recent announcement to delist PRQ (Parsiq) on May 16 has raised questions and concerns among holders. However, this move may also be a signal of a broader transformation underway within the ecosystem—especially given the emerging correlation between PRQ and a new token on the horizon: REACT.
The PRQ-REACT Connection
PRQ was historically tied to the PARSIQ ecosystem, which has since evolved into the Reactive Network—a decentralized, interoperable blockchain layer powered by Reactive Smart Contracts. As part of this transition, the REACT token is being introduced to replace PRQ on a 1:1 basis, maintaining the same total supply of 500 million tokens. This ensures zero dilution for existing holders, reinforcing a fair migration model.
The migration is not just a rebranding; it reflects a technical shift toward a more capable and decentralized architecture. The REACT token will drive gas fees, event-based smart contract execution, and validator staking within the Reactive Network.
Will Coinbase List REACT?
While Coinbase has not publicly confirmed a listing for the REACT token, the Reactive team has shared that all necessary submission materials have been provided to multiple exchanges, including Coinbase. Historically, centralized exchanges do not pre-announce listings, so timing remains uncertain. However, this development suggests that REACT could potentially follow PRQ’s listing path—especially since REACT is its direct, utility-driven successor.
What Can PRQ Holders Do?
With PRQ support ending on Coinbase, holders need to take action to retain control of their tokens. Here are the key options:
Move to Self-Custody
PRQ holders should transfer their tokens to a self-custody wallet such as Coinbase Wallet or MetaMask. This ensures they can still access and swap their assets after delisting.
Swap PRQ to REACT via Reactive’s Portal
Once in a self-custody wallet, users can head to portal.reactive.network to perform a seamless 1:1 swap from PRQ to REACT. This can be done on Ethereum (ERC-20) or Binance Smart Chain (BEP-20), depending on where the PRQ is held.
Stake REACT for Rewards
After swapping, holders can stake REACT to earn a competitive APY. The staking program is already underway, with the first epoch concluding around June 9. Immediately following this, a new locked staking period will begin, providing ongoing opportunities for passive income through network participation.
A Look Ahead
While PRQ’s chapter on Coinbase is closing, the future for its holders is far from bleak. With the REACT token’s robust utility in the Reactive Network and an incentivized staking mechanism already live, users are well-positioned to benefit from the ecosystem’s evolution.
As exchanges move to support next-generation blockchain infrastructure, REACT may soon find its own place among listed assets. Until then, proactive management—self-custody, migration, and staking—offers the best path forward.
