Bitcoin Pepe sees strong momentum as SOL ETFs may get approval soon

The total cryptocurrency market capitalisation rose 1% over the past 24 hours, extending its weekly gains to nearly 4% and reaching $3.45 trillion.

If positive sentiment holds, the market appears poised to retest its all-time high near $3.7 trillion and Bitcoin Pepe is seeing strong momentum as SOL ETFs may get approval soon.

The increasing dominance of institutional and professional capital has subdued retail-driven FOMO, contributing to a more orderly and sustainable market trajectory—a dynamic more favourable for long-term investors.

Bitcoin is currently trading above $109,000, although upward momentum is facing resistance near the $110,000 mark.

Selling pressure is expected to intensify as prices approach the $112,000 level, which represents the previous all-time high set in late May.

As Bitcoin pushes toward new highs, retail investors are increasingly gravitating toward speculative tokens such as Bitcoin Pepe, now entering the final stretch of its presale.

Momentum-driven capital is rotating into early-stage projects as traders seek assets offering asymmetric upside potential.

This renewed appetite for risk is being fueled by a broader crypto rebound, supported by institutional inflows and a more favourable macroeconomic backdrop.

SOL ETF approval around the corner?

The US Securities and Exchange Commission has asked issuers of proposed spot Solana ETFs to update their S-1 filings, a move that may signal progress toward potential approval, according to Blockworks, citing sources familiar with the matter.

Following last year’s approvals of spot Bitcoin and Ether ETFs, issuers have submitted a wave of applications for altcoin-based funds, including those tied to Solana (SOL), XRP, and others.

While analysts say the odds of approval are rising, the SEC has yet to greenlight any spot ETFs beyond BTC and ETH.

Just last month, the regulator extended its review period for spot Solana ETF applications from Bitwise and 21Shares, continuing its cautious approach to altcoin-linked funds.

Bitcoin Pepe to benefit from broader crypto adoption

The approval of a spot Solana ETF would bring much-needed visibility to the broader altcoin and meme coin markets, helping shift perceptions of these assets from speculation to more credible components of the digital asset ecosystem.

Such a move could lend legitimacy to technically ambitious projects like Bitcoin Pepe, which aim to bridge the gap between novelty and utility in the meme coin space.

By seeking to “build Solana on Bitcoin” and combining Bitcoin’s security with Solana-like scalability, Bitcoin Pepe stands out for offering more than just hype.

The project has unveiled a slate of strategic partnerships to expand its Layer 2 ecosystem.

These include Super Meme, Catamoto, and Plena Finance.

A collaboration with the GETE Network is also in the works, potentially bringing Bitcoin Pepe into the cross-chain Web3 gaming space.

These developments are intended to strengthen the project’s technical infrastructure while introducing practical use cases for the token, setting it apart from meme tokens driven solely by speculation.

Investor appetite appears strong. Bitcoin Pepe’s ongoing presale has raised over $14 million, with BPEP tokens currently priced at $0.0416.

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