Bitstamp has announced the addition of Solana (SOL) and Pepe (PEPE) tokens for United States traders, marking a significant expansion for the exchange.
As one of the oldest crypto platforms, Bitstamp’s move is aimed at offering new opportunities for users in the United States. Trading pairs for both tokens against the U.S. dollar and Euro are now available. The new pairs include SOL/USD, SOL/EUR, PEPE/USD, and PEPE/EUR.
Solana, a popular Layer-1 blockchain known for its smart contracts and expansive ecosystem, continues to gain attention. Especially as its native token, SOL, recently hit a new all-time high above $263. Solana has seen a massive 305% increase in value over the past year, contributing to its place among the top 10 cryptocurrencies by market cap.
On the other hand, Pepe is a meme coin that has surged in value in recent months. The coin is based on the Ethereum blockchain and has been gaining traction, partly fueled by listings on major exchanges like Coinbase and Robinhood.
The prices of both SOL and PEPE surged following this news, with PEPE reaching a high of $0.000021, up 6% in the last 24 hours. BTC reclaimed $98k, and SOL rose accordingly.
Both tokens saw price increases in response to this announcement, with Solana continuing its upward momentum and Pepe benefiting from the exposure on Bitstamp.
Also Read: PEPE Now Available for New York Users to Trade on Coinbase
