Robinhood Expands Crypto Offerings Amid Trump-Driven Market Surge
The trading app adds Solana, Cardano, XRP, and Pepe as the crypto market rallies following Donald Trump's election victory.
- Robinhood has re-listed Solana and Cardano, which were previously removed due to SEC scrutiny, and added XRP and the meme coin Pepe to its platform.
- The additions come amid a surge in crypto enthusiasm following Donald Trump's presidential win, with Bitcoin reaching an all-time high above $92,000.
- Trump's victory has fueled optimism for a more favorable regulatory environment, with promises to replace SEC Chair Gary Gensler and ease industry regulations.
- Coinbase has also listed Pepe, marking a shift in its stance after previously facing backlash for labeling the meme as a hate symbol.
- The crypto market is experiencing a bullish trend, with significant gains in altcoins and memecoins, reflecting increased investor interest and market activity.