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.
Solana kicked off 2025 with an impressive revenue milestone, pulling in $369.5 million in just the first quarter—half of what it earned over the entire previous year.
Pi Coin has seen a noticeable price uptick following the long-anticipated release of its tokenomics blueprint and migration plan.
Sui has been making waves lately, with its ecosystem drawing in fresh attention thanks to a spike in speculative trading and DeFi interest.
Swiss bank Sygnum sees brighter prospects ahead for altcoins, citing a wave of regulatory improvements that could set the stage for a market rebound in the second quarter of 2025.