Bitstamp, one of the long-established crypto platforms, has made a significant announcement. It has expanded its offerings by adding Solana (SOL) and Pepe (PEPE) tokens for traders in the United States. This move is set to present novel opportunities for American users. The exchange now features trading pairs of these tokens against both the U.S. dollar and the Euro, namely SOL/USD, SOL/EUR, PEPE/USD, and PEPE/EUR.
Solana, a well-known Layer-1 blockchain famed for its smart contract capabilities and extensive ecosystem, has been in the spotlight. Notably, its native token, SOL, recently soared to a new all-time peak above $263. Over the past year, Solana has experienced a remarkable 305% surge in value, solidifying its position among the top 10 cryptocurrencies in terms of market capitalization.
In contrast, Pepe is a meme coin that has witnessed a value spike in recent months. Based on the Ethereum blockchain, it has been gathering momentum, partly due to listings on prominent exchanges such as Coinbase and Robinhood.
Following Bitstamp’s announcement, the prices of both SOL and PEPE witnessed an upward trend. PEPE reached a high of $0.000021, registering a 6% increase within the last 24 hours. Additionally, BTC regained the $98k mark, and SOL ascended correspondingly. Both tokens reaped the benefits of this development, with Solana maintaining its upward trajectory and Pepe capitalizing on the exposure provided by Bitstamp.
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