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TROLL, a community-driven memecoin on the Solana blockchain, has skyrocketed to an impressive high. The digital asset surged 40% over the past few hours. However, the asset has slightly declined to 37% at the time of writing.
Notably, the latest increase comes after a recent announcement from one of the leading crypto exchanges, Coinbase. The platform’s CEO Brian Armstrong, at Solana Breakpoint 2025, disclosed that it will enable users to trade all Solana tokens via a decentralized exchange (DEX) with listing.
According to Armstrong, users will get early access to millions of tokens and can trade them immediately once they become available on-chain. Notably, for builders and issuers, this means they can be accessible to millions of Coinbase users without being listed, provided their tokens have sufficient liquidity.
While the move is remarkable for the exchange and the Solana network, it has also impacted a great number of these tokens. Among the impacted tokens is TROLL. Within the last few days, TROLL has reported an increase of 48.2% and 3.6% over the past 2 weeks. This indicates that investors are now showing a growing interest in the memecoin.
Meanwhile, the surge occurs when the crypto market is showing signs of a recovery. Over the past few months, the market has experienced several sideways movements, with major assets like BTC and ETH recording repeated declines.
By directing its user base towards Solana-based tokens, Coinbase is likely to drive significant liquidity and attention to the ecosystem. This highlights a massive boost in confidence in the Solana Network.
For Coinbase, enabling access to every token could instantly boost liquidity, discovery, and overall momentum across the chain. The move would link the regulated realm of centralized exchanges with the fast-evolving space of decentralized finance.
Additionally, the latest development seeks to tackle multiple long-standing issues in the crypto industry. It shortens the time between token creation and public access, while also giving users more options and earlier entry into emerging projects.
The news has fueled mixed reactions on social media. Some users called the move “huge,” while others saw nothing new or groundbreaking in the announcement. In fact, a particular X user noted it is just ”another Phantom wallet, another Solfare wallet, and Titian exchange.”
TROLL is a memecoin built on the Solana network for entertainment and speculation. Inspired by internet trolling culture, the token leverages community engagement and internet memes to offer utility through fast transfers.
It uses proof-of-stake, offering holders rewards for staking their assets. The supply is capped at 1 billion, with over 998 million circulating.
The project’s main focus is strong community participation. TROLL attracts people through fun activities on its ecosystem. Additionally, the community’s ability to organize and generate new ideas is what makes the memecoin thrive.
While its adoption levels remain modest compared to larger crypto networks, its user base is notably active. This has also given the asset more room for growth and development.
The post TROLL Memecoin Rockets 40% Following Coinbase Spotlight appeared first on CoinTab News.
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