• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

XRP Soars on Robinhood Listing Speculations

user avatar

by Giorgi Kostiuk

a year ago

  1. XRP Price Increase
  2. Community Reaction to Rumors
  3. Previous Listings and Changes


    4. The XRP cryptocurrency surged by more than 4%, standing out among other top 10 cryptocurrencies.

    XRP Price Increase

    XRP's recent price spike is likely related to the rumors of a relisting on the Robinhood platform. According to reports, XRP ended up being the only top 10 cryptocurrency showing positive momentum.

    Community Reaction to Rumors

    Vet, the operator of the XRP Ledger dUNL validator, commented that the popular trading and investment app recently listed XRP. However, he urged the company to clarify that the token is not run by Ripple. Despite this, many social media users reported that they still could not buy XRP through the app. So far, it seems like the token is only available for eligible EU residents.

    Previous Listings and Changes

    Robinhood has not made any official announcement regarding its plan to list the XRP cryptocurrency. In January 2018, Robinhood announced that its users could start checking market data and create price alerts for a slew of cryptocurrencies, including XRP. The rumored Robinhood listing comes after Grayscale, the leading cryptocurrency asset manager in the world, announced the launch of an XRP Trust. Back in 2021, Grayscale liquidated such a product following the SEC's famous lawsuit against Ripple. Coinbase and other exchanges also relisted XRP in 2023. In June, Chicago-based derivatives trading behemoth CME added support for the XRP pricing index.

    The rumors of a possible XRP listing on Robinhood have sparked interest in the token and its price. However, the company has not made any official statements regarding the listing.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

XRP Price Falls Below Important Support Levels.

chest

XRP price has extended its losses, trading below significant support levels and entering a bearish zone.

user avatarBayarjavkhlan Ganbaatar

Bitcoin ETFs Match Gold Inflows in Record Time

chest

Bitcoin ETFs have matched gold ETFs in investor inflows in under two years, despite a significant price drop.

user avatarMohamed Farouk

South Korea's Corporate Crypto Investment Guidelines Favor Non-Stablecoins

chest

The Financial Services Commission (FSC) of South Korea has proposed guidelines allowing investments in the top 20 non-stablecoin cryptocurrencies, capping corporate exposure at 5% of a company's capital.

user avatarElias Mukuru

South Korea Excludes Stablecoins from Corporate Investment Framework

chest

South Korean financial regulators are set to exclude US dollar-pegged stablecoins from a new framework allowing corporate investments in cryptocurrencies.

user avatarDiego Alvarez

Inactivity Among Bitcoin Long-Term Holders Amid Market Uncertainty

chest

Recent data shows that Bitcoin long-term holders are largely inactive, choosing to hold their assets instead of redistributing them.

user avatarKenji Takahashi

Hourglass V2 Proposal Introduced to Safeguard Satoshi Nakamoto's Bitcoin

chest

Hourglass V2 proposal introduced by Hunter Beast aims to limit P2PK outputs to one per block to safeguard Satoshi Nakamoto's Bitcoin holdings from quantum threats.

user avatarMaria Fernandez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.