Robinhood reports significant growth in cryptocurrency trading volumes in its Q2 2025 report. Despite a slight decrease compared to the previous quarter, the overall volume remains impressive.
2024 Cryptocurrency Trading Volume
For the full year of 2024, Robinhood recorded a trading volume of **$141 billion** in cryptocurrency. A significant portion of this volume came in the fourth quarter, fueled by a post-election surge that accounted for **$70 billion**. This has solidified Robinhood's position as a leading platform for both retail and institutional investors in the U.S.
Strong Start to Q3
The trends initiated in previous quarters continue into Q3, with **July alone seeing over $6 billion** in net deposits for Robinhood. Analysts predict record-breaking volumes in equities and options for the month, noting the return of retail investor enthusiasm towards platforms like Robinhood.
Cantor Fitzgerald Raises HOOD Price Target
In response to Robinhood's platform expansion and growing crypto engagement, **Cantor Fitzgerald** has raised its price target for HOOD shares from **$100 to $118**. The firm continues to rate the stock as ‘overweight,’ emphasizing confidence in the company’s ability to capitalize on rising interest in cryptocurrencies.
Robinhood exhibits steady growth in cryptocurrency trading volumes and expansion of its offerings. Forecasts for the upcoming quarters remain positive despite seasonal fluctuations.
