Coinbase has announced support for two new Solana tokens: Popcat (POPCAT) and Pudgy Penguins (PENGU). Trading begins on February 13, 2025, pending liquidity.
Coinbase Expands Solana Token Listings
Coinbase has announced support for two new Solana-based tokens: Popcat (POPCAT) and Pudgy Penguins (PENGU). These tokens will be available for trading starting February 13, 2025, provided there is sufficient liquidity. This move highlights the increasing adoption of Solana’s SPL token standard by major exchanges.
Important Reminder for Users
Coinbase has issued a cautionary note to users, advising them not to send POPCAT or PENGU tokens via networks other than Solana. Since these assets are SPL tokens, any transfer through unsupported networks could result in permanent loss of funds. Users should ensure they select the correct network when making deposits or withdrawals.
Solana’s Growing Popularity
The listing of POPCAT and PENGU further reinforces Solana’s position as a prominent blockchain for new tokens. With its high-speed transactions and low fees, Solana continues to attract innovative projects. Coinbase’s decision to support these tokens could boost their adoption and visibility in the broader crypto market.
Trading for POPCAT and PENGU will commence once liquidity conditions are met. Users interested in trading these tokens should stay updated via Coinbase’s official channels for further announcements.
