XRP, ADA and SOL Now Available to Robinhood’s US Customers

As a seasoned crypto investor with a knack for navigating the ever-evolving landscape of digital assets, I must say that Robinhood’s recent expansion of its altcoin offering is both intriguing and slightly perplexing. On one hand, it’s refreshing to see more opportunities for diversification in my portfolio. On the other, the SEC’s fickle stance on these matters leaves me wondering if the next shoe will drop.


The well-known trading application without commissions, Robinhood, has substantially increased the variety of cryptocurrencies available to its American users.

Moving forward, U.S. clients of Robinhood can engage in trading for assets like Ripple‘s XRP, Solana’s SOL, Pepe’s PEPE, and Cardano‘s ADA.

Following the latest updates, the number of cryptocurrencies accessible within the United States has grown to 19. Notably, Robinhood now accommodates tokens like Dogecoin (DOGE), Avalanche (AVAX), and Shiba Inu (SHIB).

According to Johann Kerbrat from Robinhood Crypto, there’s a growing interest from their clientele to have access to a wider variety of digital currencies.

In June of 2023, the trading platform revealed plans to remove ADA, SOL, and Polygon (MATIC) from its listings. This move was taken following the SEC’s classification of these tokens as securities in its legal actions against Binance and Coinbase, two prominent cryptocurrency exchange platforms.

In December last year, Robinhood introduced cryptocurrency trading within the European Union. It is worth mentioning that the tokens removed from their platform were included in their offerings for the EU market.

With the SEC easing its restrictions, Robinhood decided to offer a variety of alternative cryptocurrencies to users in the United States too.

According to U.Today’s report, it’s anticipated that the Securities and Exchange Commission (SEC) will soon abandon all non-fraud related cryptocurrency cases.

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2024-11-13 18:35