Robinhood Re-lists Major Tokens and Expands Crypto Services

Robinhood has re-listed Solana (SOL), Cardano (ADA), and Ripple (XRP), along with adding PEPE to its offerings.

This follows the earlier removal of SOL due to the SEC’s security classification. ADA surged by 7%, and PEPE rose by nearly 20% following the announcement.

Robinhood’s move reflects possible changes in U.S. crypto regulation, as it aligns with customer demand for more digital assets. In 2023, the platform delisted these tokens in response to SEC lawsuits, but it may be adjusting its approach ahead of potential regulatory shifts post-election. With Donald Trump’s anticipated pro-crypto stance, significant SEC changes could occur in 2025.

Crypto has become a major revenue driver for Robinhood, with Q3 2024 trading volumes reaching $14.4 billion. The company is also expanding into Web3, launching crypto transfer services in the EU and exploring political prediction markets. Despite legal challenges, including a $3.9 million settlement in September, Robinhood continues to grow.

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Ripple, still in a legal battle with the SEC, filed a cross-appeal last month, contesting the classification of XRP as a security, with continued support from pro-XRP figures like John Deaton.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.