SoFi, the first nationally chartered US bank to provide consumer cryptocurrency trading, has integrated the PENGU token into its platform. The asset, associated with the Pudgy Penguins NFT project, became available to the bank's more than 15 million members on October 19, 2026.
Following the announcement, the value of the PENGU token increased by 8.9% by the next day. Users can now purchase, sell, and hold the token directly within the SoFi banking application, which also manages their savings and loan accounts.
The PENGU token, which operates on the Solana blockchain, is part of a strategy by the Pudgy Penguins project to expand its reach beyond crypto-native platforms. The listing in a regulated banking environment aims to increase accessibility and liquidity for the asset.
Market participants are also monitoring a TD Sequential buy signal on the PENGU daily chart. Historically, similar signals for this token have preceded price recoveries of approximately 77.64% and 66.94%, though technical indicators do not guarantee future performance.
