- Robinhood has relisted main altcoins Solana, XRP, and Cardano for US prospects.
- The platform additionally added assist for Pepe, with information of PEPE's worth skyrocketing.
Robinhood Crypto introduced on Wednesday that it has added assist for 4 digital belongings: Solana, Pepe, Cardano, and XRP.
Based on the announcement, the favored buying and selling app presently helps SOL, ADA, XRP, and PEPE for US prospects.
Robinhood relists main tokens
The transfer brings the variety of cryptocurrencies supported on Robinhood to 19, additional increasing the platform's attain because the market explodes amid bullish sentiment.
“We're always listening to from our prospects that they need entry to extra digital belongings, and we're excited to proceed increasing our cryptocurrency choices,” mentioned Johan Kerblatt, vice chairman and normal supervisor of Robinhood Crypto. ” he mentioned. “We imagine that cryptocurrencies, with their low obstacles to entry, create alternatives for individuals who have traditionally been omitted of the standard monetary system.”
After Robinhood Crypto revealed its record of digital belongings, the costs of Solana (SOL), Pepe (PEPE), Cardano (ADA), and XRP (XRP) soared.
Whereas SOL, ADA, and XRP tokens rallied to vital ranges, meme coin Pepe exploded to new all-time highs. The frog-themed meme coin ranked among the many prime gainers among the many 100 largest cash by market, dwarfing Dogecoin's personal rise to above $0.41.
Notably, Robinhood's transfer to relist SOL, ADA, and XRP comes amid market expectations for adjustments on the U.S. Securities and Trade Fee following the election of Donald Trump as the subsequent U.S. president. be.
That is largely as a consequence of SEC Chairman Gary Gensler's anticipated retirement from the company. Robinhood delisted its tokens after regulators designated SOL and ADA as securities. The SEC additionally sued Ripple, claiming that XRP was not a safety till a US court docket dominated in any other case final July.
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