Bitstamp Lists SOL And PEPE For U.S. Customers

Bitstamp, one of the crypto industry’s oldest exchanges, has announced support forSolana and Pepe for users in the United States.

According to the crypto exchange, Bitstamp USA has now added Pepe (PEPE) and Solana (SOL) tokens for traders in the U.S. Bitstamp is registered as a virtual currency business activity and as a money transmitter by the New York State Department of Financial Services.

Solana is a popular layer-1 blockchain that supports smart contracts and currently ranks among the top 10 cryptocurrencies by market cap. 

The blockchain network supports a huge ecosystem of projects across decentralized finance, non-fungible token marketplaces, gaming, and meme coins. The native token SOL recently reached a new all-time high above $263, with its value up more than 305% in the past year.

Meanwhile, Pepe is a meme coin on Ethereum whose price has surged significantly in the past few months amid a broader market uptick.

Bitstamp will initially offer trading pairs against the U.S. dollar and the Euro. Per the exchange, traders can now access SOL/USD, SOL/EUR, PEPE/USD, and PEPE/EUR spot trading pairs.

The price of both SOL and PEPE rose amid this news, with the latter bouncing to highs of $247 as BTC reclaimed $98k. Meanwhile, the meme coin jumped to $0.000021 and was 6% up in the past 24 hours at the time of writing.

PEPE recently rose sharply after crypto exchanges Coinbase and trading app Robinhood listing.