Coinbase Adds Solana Meme Coin USELESS to Spot Trading Options

Coinbase Lists USELESS: Coinbase has listed the Solana meme coin USELESS for spot trading, marking a significant development in the Solana meme token market.

Retail Interest vs. Institutional Response: The listing reflects strong retail interest in meme tokens, while there is minimal engagement from institutional investors and regulatory bodies.

Market Dynamics: Despite the listing, there hasn't been a notable increase in Solana's total value locked (TVL), and major meme tokens like WIF continue to dominate market value.

Potential Market Trajectory: USELESS may follow a similar trajectory as previous meme coins like BONK, experiencing initial growth followed by corrections, with limited long-term impact expected without institutional support.