In the fast-paced world of meme coins on Solana, spotting early signs of strength can make all the difference for traders and enthusiasts. A recent tweet from crypto analyst Maytrix (@thequantarc) highlights just that, pointing out how $USELESS is starting to flex its muscles against $SOL, Solana's native token. If you're into meme tokens, this could be a signal worth paying attention to. Check out the original tweet for the full context.

What the Tweet Reveals About $USELESS

The core message? Asset selection in the meme coin space should hinge on relative performance compared to $SOL. Relative performance simply means how a token's price is holding up or outperforming against Solana's own price movements. In volatile markets like crypto, this comparison helps filter out broader market noise and spot true winners.

According to the analysis, $USELESS is showing promising signs by "reclaiming the 20 EMA." EMA stands for Exponential Moving Average, a popular technical indicator that smooths out price data to identify trends. The "20" refers to the number of periods (like candlesticks on a chart) it averages over—here, likely 4-hour intervals based on the chart. Reclaiming it means the price has crossed back above this line after dipping below, often signaling a potential reversal or renewed upward momentum.

Looking at the chart shared in the tweet, you can see multiple "SFP" labels, which stand for Swing Failure Patterns. These are points where the price fails to break a previous high or low, hinting at a shift in momentum. For $USELESS, this reclaim of the 20 EMA suggests it's gaining strength relative to other meme coins, potentially positioning it for a breakout.

Comparing to $PUMP and the Broader Meme Scene

On the flip side, the tweet calls out $PUMP as "struggling relative to $SOL." $PUMP is the utility token for pump.fun, a popular Solana-based platform that lets anyone launch meme coins quickly and cheaply. It's been a key driver in the Solana meme explosion, but according to this view, its performance isn't keeping pace with $SOL's moves right now.

This contrast underscores a selective approach: not all meme tokens are created equal, even in a hot ecosystem like Solana's. While $PUMP might be facing headwinds, the analyst is bullish on the $BONK ecosystem overall. $BONK, one of Solana's OG meme coins, has built a vibrant community and spawned related projects like $USELESS, which ties into it as a satirical, no-utility token launched in May 2025. With a market cap around $150 million and trading volume in the millions, $USELESS embodies the fun, speculative side of crypto—perfect for those chasing high-risk, high-reward plays.

Why This Matters for Meme Coin Traders

For blockchain practitioners and meme enthusiasts, this kind of technical insight is gold. Solana's low fees and fast transactions have made it a hotspot for meme coins, with thousands launching daily via platforms like pump.fun. But as the market matures, focusing on relative strength against $SOL could help separate the hype from the real contenders.

$USELESS, with its self-aware "useless" branding, pokes fun at utility-obsessed cryptos while riding the wave of meme culture. If it continues to outperform $SOL, it might attract more attention from the BONK community and beyond. Keep an eye on these charts—meme coins can pump hard, but they dump just as fast.

At Meme Insider, we're all about decoding these trends to build a solid knowledge base for the crypto community. Whether you're a seasoned trader or just dipping your toes in, understanding tools like EMAs and relative performance can level up your game in the wild world of Solana memes.