Hotcoin Lists JELLYJELLY/USDT Spot Trading Amid Solana Meme Coin Surge and Zero-Fee Policy

Executive Summary

Hotcoin exchange has officially launched spot trading for the JELLYJELLY/USDT pair, a move complemented by the platform's new, permanent 72-hour zero-fee trading policy for all new listings. This development coincides with JELLYJELLY experiencing a significant price surge, climbing over 50% to approximately $0.13 on October 30, 2025, driven by renewed investor interest in Solana-based meme coins.

The Event in Detail

Hotcoin announced the immediate availability of the JELLYJELLY/USDT spot trading pair. This listing is among the first to benefit from Hotcoin's newly implemented permanent policy offering a 72-hour complete zero-fee trading period for all new spot listings. The exchange states this policy aims to reduce user trading costs and enable "early bird users" to engage with new assets at a zero threshold.

Concurrent with its listing, JELLYJELLY has demonstrated notable market performance. The token saw its price increase by over 50% to reach approximately $0.13 on October 30, 2025. This surge propelled its market capitalization past $130 million, with daily trading volume exceeding $32 million, tripling its recent average. JELLYJELLY was noted as the top gainer on Coingecko's list, being the sole meme coin featured among top performers. Community observations indicate significant whale inflows and the formation of bullish chart patterns during this rally. Unlike many meme coins, JELLYJELLY integrates a utility feature, being tied to a short video application that rewards on-chain users.

Market Implications

Hotcoin's permanent zero-fee policy for new listings represents a strategic initiative to attract both users and projects. By eliminating initial trading costs, the exchange seeks to enhance liquidity and user engagement, potentially influencing competitive dynamics among cryptocurrency exchanges regarding listing incentives and fee structures. This policy also signals Hotcoin's confidence in the quality of projects selected for listing.

The significant appreciation of JELLYJELLY underscores a resurgence in the Solana meme coin sector. The observed whale accumulation and heightened trading volumes reflect strong speculative interest and investor confidence in this niche. Analysts are monitoring this trend, with other Solana meme coins such as Pepenode also identified as potential candidates for substantial growth. JELLYJELLY's integrated utility, stemming from its association with a short video app, may offer a differentiating factor in a market segment often characterized by purely speculative assets, potentially appealing to a broader base of investors looking for assets with underlying use cases.

Broader Context

The market's response to JELLYJELLY's listing and price action highlights the continuing volatility and speculative nature inherent in the meme coin sector, particularly within the Solana ecosystem. Exchanges like Hotcoin are leveraging promotional policies to carve out market share and foster ecosystem growth. The trend of integrating utility, even in nascent forms, into meme coin projects suggests a potential evolution in the asset class, moving beyond pure brand recognition or community-driven hype to incorporate functional applications. This strategic move by Hotcoin, coupled with JELLYJELLY's recent performance and utility, positions both entities within the broader narrative of an evolving digital asset landscape.