Meme Coin PEPE and SOL Are Now Supported for Trading in the US by Bitstamp

Key Points:

• Bitstamp has listed SOL and meme coin PEPE on its U.S. platform, offering trading pairs with the U.S. dollar and euro.
• The listing marks a shift for Solana, which had been delisted by Bitstamp in 2023 following the SEC’s classification of certain tokens as unregistered securities.

One of the oldest cryptocurrency exchanges, Bitstamp, announced the listing of Solana and meme coin Pepe in the United States.

Read more: Robinhood Crypto EU Now Supports PEPE Transfers 

Bitstamp Lists SOL and Meme Coin PEPE as its newest offerings

The news was announced via the exchange’s official X account, which can be described as the platform’s continued expansion of its trading products.

By this statement, SOL and meme coin PEPE will, for the first time, boast trading pairs with the United States dollar and euro. Considering that Bitstamp has long had operations running in the crypto market, this support for the two coins represents a notable broadening of its listings.

Listing Solana is a reversal for Bitstamp, which suspended trading of SOL and six other cryptocurrencies in August 2023. That followed the U.S. Securities and Exchange Commission’s classification of the tokens as unregistered securities.

However, with recent changes in leadership at the top of the SEC, including the resignation of chairman Gary Gensler, there seems to be a softer, more crypto-friendly regulatory regime now. The turn of events has forced a number of exchanges to rethink their approach. Renewed attention toward cryptocurrencies like SOL and meme coin PEPE highlights growing optimism in the space.

Meme Coins Spike as Crypto Market Gains

In the meantime, the general cryptocurrency market has been in a recovery phase, with Bitcoin bouncing back to 98,000 dollars. This has had a positive effect on the highly volatile and speculative nature of meme cryptocurrencies.

The PEPE meme coin was among the biggest gainers, up more than 5% in the last 24 hours and firmly set as the third-largest meme coin by market capitalization.