Robinhood Adds Uniswap (UNI), Stellar (XLM), and Tezos (XTZ) to Its Crypto Platform for New York Users
- Susan SarandonOriginal
- 2024-09-25 03:00:10667browse
Listings on major platforms, like as Robinhood, can boost market sentiment and contribute to price increases.
Cryptocurrency exchange Robinhood has added three new digital assets to its platform for New York users—Uniswap (UNI), Stellar (XLM), and Tezos (XTZ). The announcement has had a mixed impact on cryptocurrency prices.
While major exchange listings, such as those on Robinhood, can typically drive up market sentiment and contribute to price increases, the new listings have not sparked significant price movements. However, the move has ignited speculation in the XRP community about the possibility of the platform listing XRP next.
Robinhood, a popular stock and crypto trading platform, currently offers 14 cryptocurrencies for New York residents, including Bitcoin, Ethereum, and popular meme coins like Dogecoin and Shiba Inu. However, recent developments suggest that the stock and crypto trading platform may integrate Ripple’s native cryptocurrency to its platform in the coming days.
The prospective listing of XRP on a major trading platform has garnered attention, especially after Robinhood quietly introduced the cryptocurrency for EU customers. This follows the conclusion of the Ripple vs. SEC litigation, which provided legal clarification for XRP. With talk of a possible SEC appeal, traders are watching to see if the platform will enable XRP for US traders.
Recent developments have seen Uniswap (UNI) trade at $6.84 with a 0.73% price increase and trading volume up 9% at $114.47 million. Stellar (XLM) dropped 0.6% to $0.095, while Tezos (XTZ) remained 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 the changes, XRP showed stability, trading between $0.5819 and $0.5908 in the last 24 hours, indicating continued market interest in the cryptocurrency.
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