Revolut Seeks US Banking License to Offer Crypto Services to 45 Million Users

2 hour ago 3 sources positive

Key takeaways:

  • Revolut's banking charter could accelerate mainstream crypto adoption, particularly benefiting integrated assets like SOL.
  • Sustained ETF inflows above $700M signal strong institutional conviction, providing a bullish floor for BTC.
  • The emergence of projects like Pepeto highlights continued retail interest in speculative infrastructure, despite market maturity.

March 2026 has brought significant developments to the cryptocurrency ecosystem, highlighted by fintech giant Revolut's pursuit of a federal banking license in the United States. The company has applied for a charter from the Office of the Comptroller of the Currency (OCC), a move that would allow it to operate as a regulated bank and offer crypto purchasing, custody, and transfer services to its 45 million global users.

This license would mark a major institutional on-ramp, potentially connecting millions of new American customers to cryptocurrency through a platform they already trust. The development is seen as a significant driver for sustained demand for blockchain networks, with Solana specifically mentioned as a beneficiary due to Revolut's previous integrations of SOL staking and payments within its app.

Amid this news, broader market confidence is returning with Bitcoin trading above $72,000. U.S. spot Bitcoin ETFs extended a two-week inflow streak, adding another $155 million for a total of over $700 million since the start of March. This institutional accumulation is setting a bullish backdrop for the market.

Analysts note that Solana's price, at $91 and up 6.69%, is showing a bullish cup and handle formation on the daily chart, with a key target of $130 if Bitcoin holds its ground. Ethereum is also gaining, trading at $2,134, with institutional firm Trend Research accumulating 580,000 ETH and planning to acquire $1 billion more. Analysts project a run toward $3,000 for ETH if it breaks the $2,400 resistance.

Concurrently, a new project named Pepeto is trending after raising over $7.5 million in its ongoing presale. The project is developing PepetoSwap, a dedicated meme coin decentralized exchange, along with a cross-chain bridge connecting Ethereum, BNB Chain, and Solana, and a full trading platform. The project's promotional material heavily emphasizes its presale as a high-potential investment opportunity, claiming asymmetric return potential.

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