Coinbase continues to expand its trading offerings with new listings, further embracing the growing demand for altcoins.
The exchange has officially added Popcat (POPCAT) and Pudgy Penguins (PENGU), two Solana-based memecoins, marking its latest move in the sector.
These additions come shortly after Coinbase placed both tokens, along with MORPHO, on its roadmap for potential listings.
In recent months, Coinbase has rapidly introduced new altcoins, particularly memecoins, which generate significant trading volume and, in turn, higher transaction fees.
This trend reflects a broader industry shift, with major exchanges increasingly embracing the memecoin sector.
Meanwhile, Binance’s founder Changpeng Zhao recently suggested that centralized exchanges should expand their token offerings to match the variety available on decentralized platforms—an unexpected stance given his past support for a more selective listing approach.
Cboe BZX Exchange is making a bold move by seeking SEC approval to introduce staking for the 21Shares Core Ethereum ETF.
The SEC has clarified that most memecoins, including tokens like the Trump (TRUMP) and Melania Trump (MELANIA) coins, do not fall under its regulatory oversight.
Despite a recent downturn in the broader cryptocurrency market, Ethereum investors seem to be seizing the opportunity, with a significant increase in large-scale buying.
The cryptocurrency market appears to be moving in a new direction, with attention shifting from highly speculative memecoins to established layer-1 networks.