worldcoinindex.com
Robinhood has officially listed the Pepe (PEPE) meme coin and relisted several high-profile cryptocurrencies, including Solana (SOL), Cardano (ADA), and Ripple (XRP). The addition of PEPE has been particularly impactful, with the coin soaring over 32% in just 24 hours and more than 90% over the past week.
This bold action follows a tumultuous 2023 for Robinhood, which had previously delisted SOL, ADA, and XRP amid regulatory concerns following SEC lawsuits. However, with a shifting regulatory landscape and a more favorable environment for cryptocurrencies under the re-election of Donald Trump, Robinhood has reversed course, signaling a return to a more inclusive stance on digital assets.
2024 is shaping up to be a pivotal year for the crypto market, with the launch of multiple ETFs contributing to growing mainstream adoption. Robinhood’s decision to relist major assets, alongside the addition of PEPE, reflects the changing tide for cryptocurrencies, as government regulations begin to soften, creating a more open future for meme coins and established tokens alike.