As has simply been revealed, the U.S. department of one of many largest and oldest cryptocurrency exchanges, Bitstamp, will flood the now widespread Solana (SOL) and Pepe Coin (PEPE). The itemizing turned identified from the official X account of the trade.
Based on the announcement, PEPE and SOL will obtain buying and selling pairs to currencies such because the greenback and euro. Apparently, even if Bitstamp is without doubt one of the oldest exchanges, such mastodons of the crypto market have been listed solely now.
Thus, Solana token is at the moment the third largest cryptocurrency, if we exclude from this rating stablecoin USDT from Tether. The meme cryptocurrency PEPE is the nineteenth largest cryptocurrency proper now and second solely to Dogecoin (DOGE) in its sector by way of buying and selling quantity, with a determine of over $2.5 billion in day by day turnover.
🇺🇸 US followers of Pepe and Solana, it’s your time! 🐸 ⚡$PEPE and $SOL are actually each obtainable on Bitstamp USA!
Pleased buying and selling! Begin now: https://t.co/sPXIuEAQ2H@pepecoineth @solana pic.twitter.com/nsbIQ2NoXe
— Bitstamp (@Bitstamp) November 29, 2024
Win-win-win
PEPE has beforehand been listed on main U.S. venues comparable to Robinhood US and Coinbase. Even supposing the meme coin has been in the marketplace for over a 12 months and has gained vital traction right here with a whole lot of hundreds of holders and billions of {dollars} in turnover, U.S. exchanges have solely simply begun to provide it a buying and selling area. Bitstamp USA is exactly within the function of catching up on this case.
Clearly, these listings on the a part of the trade are geared toward capturing its market share by granting the proper to commerce the most well liked belongings proper now and earn from commissions. However, crypto market members obtain details about what’s of most curiosity amongst cryptocurrencies proper now.
Digital belongings themselves are gaining extra recognition and increasing their geographic footprint, making them extra accessible to on a regular basis buyers and people new to the market. Thus, listings on main websites will be referred to as a win-win-win scenario for all concerned.