Bitstamp lists SOL and PEPE for U.S. customers

Bitstamp, one of the oldest exchanges in the crypto industry, announced that it supports Solana and Pepe for users in the USA.

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

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

The blockchain network supports a massive ecosystem of projects across decentralized finance, non-fungible token markets, games and meme coins. Native token SOL recently hit an all-time high of over $263, up more than 305% in value in the past year.

Pepe, meanwhile, is a meme coin on Ethereum whose price has risen significantly over the past few months amid a broader market rally.

Bitstamp will initially offer trading pairs against the US dollar and Euro. Investors now have access to SOL/USD, SOL/EUR, PEPE/USD and PEPE/EUR spot trading pairs, according to the exchange.

Following this news, the price of both SOL and PEPE rose, and while BTC regained $98 thousand, PEPE rose to $247. Meanwhile, meme coin jumped to $0.000021 and was up 6% in the last 24 hours at the time of writing.

PEPE recently rose sharply following the listing of crypto exchange Coinbase and trading app Robinhood.