Cryptocurrency exchange Bitstamp announced it is officially listing both PEPE and Solana (SOL) in the United States. Indeed, the platform took to X (formerly Twitter) to announce it is listing both the third largest non-stablecoin and meme coin by market cap, respectively.
The move is a reversal for SOL, as Bitstamp announced it was ending trading for the crypto in August of 2023. The exchange noted that Solana and six other cryptocurrencies would be “permanently” suspended following a US Securities and Exchange Commission (SEC) qualification that they were unregistered securities.
Also Read: Coinbase Officially Lists Memecoin PEPE
Solana Returns, PEPE Debuts on Bitsamp in the US
It has certainly been an important year for cryptocurrencies. Although two crypto-based ETFs were approved in the United States, the country took a massive shift as Donald Trump emerged victorious in the 2024 presidential election. That move is expected to come with a myriad of changes to the nation’s regulatory approach to the asset class.
With Gary Gensler now resigning from his position as SEC chairman, the new regime is likely to be headlined by pro-crypto persons. That brighter horizon has led various platforms to embrace the coming change. Amid that, crypto exchange Bitstamp announced that it has officially listed both PEPE and Solana (SOL).
Also Read: Robinhood Officially Lists Memecoin PEPE, Relists Solana
The former has proven to be one of the biggest gainers throughout this month. Surging in value, the meme coin has increased more than 107% in the last 30 days, according to CoinMarketCap. Moreover, it has firmly entrenched itself as the third-highest memecoin by market cap.
Alternatively, Solana is reestablishing itself in the greater cryptocurrency sector. Specifically, SOL’s Bitsamp listing marks a notable return. In 2023, it was booted from the platform alongside Polygone and five other altcoins. Conversley, Bitstamp followed Robinhood’s lead, with the exchange relisting Solana earlier this month.
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