Robinhood Adds SOL, PEPE, ADA, and XRP as Crypto Sector Anticipates Trump’s Pro-Crypto Policies
Robinhood (HOOD) has expanded its cryptocurrency offerings, adding Solana (SOL), Pepe (PEPE), Cardano (ADA), and XRP (XRP) to its trading platform. The announcement comes just days after Donald Trump’s election victory, which has fueled expectations of a crypto-friendly regulatory shift in the United States.
This update brings the total number of cryptocurrencies available on Robinhood to 19 for U.S. users. Coinbase (COIN), which previously listed SOL, ADA, and XRP, also joined the trend by adding PEPE to its trading options.
Bitcoin’s rally to a record-breaking $91,000 coincided with the news, while the newly listed tokens saw modest gains. Johann Kerbrat, Robinhood’s VP and General Manager of Crypto, said: “Our users have consistently expressed their desire for more crypto options, and we’re committed to delivering.”
The additions follow a tumultuous year in which Robinhood removed several tokens, including SOL and ADA, due to regulatory scrutiny. Trump’s promise to replace SEC Chair Gary Gensler and establish clearer guidelines for crypto assets has sparked hope for a more favorable environment, potentially resolving the ambiguity surrounding token classifications as securities.
As the industry braces for Trump’s inauguration in January, the move signals growing confidence among platforms like Robinhood and Coinbase that the next administration will foster innovation rather than stifle it with heavy-handed regulation.
