Robinhood Lists Pepe (PEPE) Coin, Relists Solana (SOL), Cardano (ADA), and Ripple (XRP) Amid Easing Regulations
Robinhood has officially added the popular meme coin Pepe (PEPE) and reinstated high-profile cryptocurrencies like Solana (SOL), Cardano (ADA), and Ripple (XRP). The addition of PEPE sparked a significant surge, with the token rising over 32% in just 24 hours and over 90% within the past week.
This strategic move comes after a turbulent 2023 for Robinhood, when regulatory concerns led to the delisting of SOL, ADA, and XRP following SEC lawsuits. However, shifting regulations and a potentially more crypto-friendly environment under the re-election of Donald Trump have prompted Robinhood to reassess its stance, indicating renewed support for diverse digital assets.
With the crypto market set for a transformative 2024, fueled by the launch of multiple ETFs and increasing mainstream adoption, Robinhood’s decision to relist major tokens alongside adding PEPE highlights the evolving regulatory landscape. This pivot signals a more open future for both established cryptocurrencies and meme coins, marking an optimistic turn for digital assets in the coming year.
