Cryptocurrency exchange Coinbase has officially listed USELESS, a Solana-based meme coin, for spot trading, marking a significant development in the exchange's growing embrace of meme tokens. The listing, announced on August 19, 2025, follows the coin's recent addition to Coinbase's listing roadmap and represents another milestone for Solana's meme token ecosystem within a major US-regulated exchange.
The move underscores the persistent retail-driven interest in Solana meme tokens, though institutional engagement and regulatory commentary remain notably absent. This listing follows the pattern of previous Solana meme coins like BONK and WIF gaining access to major exchanges. No public statements were made by Coinbase executives regarding the listing, which aligns with the typically retail-focused nature of such events.
Developers behind USELESS remain undisclosed, which is characteristic of the "degen" trend within the Solana meme token space. Historical data suggests that such listings typically result in initial liquidity spikes followed by corrections, as seen with BONK's market trajectory. Despite the listing, major Solana meme tokens like WIF continue to dominate in market value, and the overall impact on Solana's Total Value Locked (TVL) has been negligible.