The post Robinhood Crypto Now Supports Solana Trading Again appeared on BitcoinEthereumNews.com.

Key Points: Robinhood Crypto has expanded its U.S. platform with the addition of Solana, Pepe, Cardano, and XRP. Solana, previously delisted due to SEC concerns, returns along with other tokens accused of being securities in the SEC’s 2023 lawsuits. Today, Robinhood Crypto announced the inclusion of Solana (SOL), Pepe (PEPE), Cardano (ADA) & XRP (XRP) to its US platform, bringing the number of available different cryptocurrencies up to 19 to trade today. Read more: Robinhood CLO Dan Gallagher Generates Excitement As Potential New SEC Chair Robinhood Crypto Supports More Assets for US Users Robinhood Crypto had earlier delisted SOL after the SEC categorized SOL as a security. Its relisting of SOL and addition of PEPE, among other popular assets, could suggest a bias toward accommodating market appetite while finding one’s way through regulatory challenges. Notably, in this new listing, there are 3 projects on the list of crypto coins that the SEC accused of being securities in the lawsuit against Binance and Coinbase in June 2023, which Robinhood had announced to delist due to the legal context then. On the back of this development, another major cryptocurrency exchange, Coinbase, has announced that it will add PEPE to its coin listing roadmap. The move of the popular cryptocurrency trading platform in the West was right after Donald Trump’s re-election to US President, along with a series of policies supporting the cryptocurrency market, including the plan to fire the current SEC Chairman Gary Gensler, who actively suppressed the crypto industry in recent times. Robinhood Strengthens Crypto Access for U.S. and EU Users Now that the thawing of the ice by the SEC has begun, Roinbhood felt confident to make a slew of altcoins available for US users, too. Robinhood aims to further open up crypto investing to a wider audience. Earlier this…

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Filed under: News - @ November 13, 2024 5:25 pm