- Robinhood has relisted major altcoins Solana, XRP, and Cardano for its U.S. customers.
- The platform also added support for Pepe, a development that sent PEPE’s price surging.
Robinhood Crypto announced on Wednesday that it has added support for four digital assets: Solana, Pepe, Cardano, and XRP.
The popular trading app now supports SOL, ADA, XRP, and PEPE for customers in the United States, according to the company’s announcement.
Robinhood relists major tokens
The addition brings the total number of cryptocurrencies available on Robinhood to 19, further expanding the platform’s reach as markets react to bullish sentiment.
“We consistently hear from our customers that they want access to more digital assets, and we’re excited to continue expanding our crypto offering,” said Johann Kerbrat, vice president and general manager of Robinhood Crypto. “With lower barriers to entry, we believe crypto can provide opportunities to those historically underserved by traditional financial systems.”
After Robinhood Crypto revealed the new listings, prices for Solana (SOL), Pepe (PEPE), Cardano (ADA), and XRP (XRP) climbed.
While SOL, ADA, and XRP bounced to key levels, the Pepe meme token exploded, reaching a new all-time high. The frog-themed meme coin was among the top performers by gains within the 100 largest coins by market cap, with PEPE’s rally at one point overshadowing Dogecoin’s movement and pushing above $0.41.
Notably, Robinhood’s decision to relist SOL, ADA, and XRP comes against the backdrop of market expectations around shifts at the U.S. Securities and Exchange Commission following the election of Donald Trump as the next U.S. president.
Much of that speculation centers on the expected departure of SEC Chair Gary Gensler. Regulatory classifications that previously labeled SOL and ADA as securities led to their earlier delisting by some platforms.
The SEC also sued Ripple and alleged that XRP was a security until a U.S. court ruled otherwise in July of last year, a legal dispute that has been central to broader discussions about crypto regulation in the United States.