Robinhood has recently expanded its cryptocurrency offerings for New York users by adding three new assets: Uniswap (UNI), Stellar (XLM), and Tezos (XTZ). The announcement has ignited optimism within the crypto community, increasing prices of these cryptocurrencies.
New Cryptocurrencies on Robinhood
Listings on major platforms like Robinhood can boost market sentiment and contribute to price increases. The platform currently supports 14 cryptocurrencies for New York residents, including Bitcoin, Ethereum, and popular meme coins like Dogecoin and Shiba Inu. However, recent developments suggest that the platform may integrate Ripple’s native cryptocurrency in the coming days.
XRP Community Response
The prospective listing of XRP on a major trading platform has piqued interest, particularly after Robinhood discreetly introduced the cryptocurrency for EU customers. This follows the completion of the Ripple vs. SEC litigation, which provided legal clarification for XRP. With talk of a probable SEC appeal, traders are waiting to see if the platform would enable XRP for US traders.
Cryptocurrency Price Dynamics
Recent developments have impacted various cryptocurrencies. Uniswap (UNI) saw a price increase of 0.73% to $6.84, with trading volume rising 9% to $114.47 million. Meanwhile, Stellar (XLM) dropped 0.6% to $0.095, and Tezos (XTZ) stayed mostly flat at $0.6974. XRP also slipped slightly by 0.37% to $0.585, with trading volume down 9% to $923.98 million. Despite these changes, XRP showed stability, trading between $0.5819 and $0.5908 in the last 24 hours, signaling continued market interest.
Robinhood's expansion of cryptocurrency offerings for New York users and the potential listing of XRP are attracting attention within the crypto community. Market trends show price changes and continued interest in these assets.
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