Solana News Today: LBRETT Surges With 12,580% APY as Meme Coins Face Utility Test

Despite its recent listing on Coinbase, the Solana-based meme coin USELESS has experienced a notable price dip, raising questions about the sustainability of its current hype [1]. This decline reflects a broader market trend where investors are beginning to differentiate between speculative tokens and those with real utility and technological infrastructure. While many Solana meme coins—such as USELESS, Bonk, and Dogecoin—have drawn attention for their viral appeal, they often lack the technical underpinnings to support long-term value [1].

In contrast, the emerging token $LBRETT is drawing increasing interest due to its Ethereum Layer 2 foundation, which offers high-speed transactions, low gas fees, and scalability [1]. Analysts have noted that $LBRETT provides a unique combination of meme-driven culture and blockchain utility, allowing users to stake their tokens and earn rewards with no complex lock-up periods [1]. With early staking yields reported to exceed 12,580% APY, the token is attracting both retail and institutional attention [1].

Layer Brett’s roadmap also includes plans for a DAO-driven governance model and gamified staking features, distinguishing it from traditional meme coins that rely heavily on social media trends [1]. Unlike USELESS and other Solana-based tokens that struggle to establish real-world use cases, $LBRETT aims to blend meme culture with functional blockchain infrastructure [1]. The project’s presale access at $0.0047 per token and a $1 million giveaway further enhance its appeal to early adopters [1].

Market observers suggest that the broader crypto landscape is evolving, with investors increasingly favoring tokens that offer more than just speculative potential [1]. This shift is particularly evident in the growing interest in Ethereum Layer 2 solutions, which are seen as more scalable and efficient alternatives to congested Layer 1 blockchains [1]. As a result, tokens like $LBRETT are positioned to benefit from this trend, potentially outpacing their pure meme coin counterparts [1].

While the price dip in USELESS has raised concerns, savvy investors remain optimistic about tokens that demonstrate innovation and utility [1]. The next crypto bull run is expected to favor projects that combine community-driven momentum with technical scalability, and $LBRETT is being highlighted as a potential contender in this space [1].

Source:

[1] Coindoo - [Solana Meme Coin USELESS Dips Despite Coinbase Listing. Here’s Why Savvy Money Doesn’t Worry About Layer Brett](https://coindoo.com/solana-meme-coin-useless-dips-despite-coinbase-listing-heres-why-savvy-money-doesnt-worry-about-layer-brett/)