verified crypto traders

Robinhood Adds UNI, XLM, And XTZ For NY Users; Is XRP Next?

ROBINHOOD

Is XRP set for listing? Today, Robinhood launched Uniswap, Stellar, and Tezos for decentralized trading for users in New York, raising the question of who will be next on the list: XRP, which has already appeared on the list for EU users after Ripple faced legal limbo. New York users can now use Robinhood to trade Uniswap (UNI), Stellar (XLM), and Tezos (XTZ). Some hope the latest listing will give way to the addition of XRP for the US users soon. Robinhood has reinstated 14 cryptos for New Yorkers.

The trending no-fee trading app and broker, Robinhood announced added three new cryptos for the people of New York, exciting the market. Earlier this month, the crypto trading announced that it will integrate Uniswap, Stellar, and Tezos into the trading platform which is a strategic shift towards the assets. But it has also sparked a debate on whether the platform will include XRP next for NY users.

Robinhood Now Supports UNI, XLM & XTZ For New York Users

In its recent statement, Robinhood is planning to list Uniswap, Stellar, and Tezos for the people of New York. It has continued to attract significant traffic to the product, especially in recent years and more especially within the crypto market.

Interestingly, this announcement has sparked debates about the future effects of the platform for the crypto’s support. Typically, the listings or backings for such significant platforms or the premier crypto exchanges generally prop up the market disposition in the process enhancing the prices of these currencies or tokens.

However, speaking to that many are expecting the release to drive up the price of the three crypto. The XRP community has also debated whether the platform will feature XRP as the next listed cryptocurrency.

Most notably, the platform now lists 14 crypto for New Yorkers, including Bitcoin, Ethereum, and trending meme tokens such as Doge, Shiba, and others. Still, fresh trends point out that the stock and crypto trading platform in consideration might adopt Ripple’s native cryptocurrency a few days from now.

Is XRP getting ready to be listed?

This conversation has ensued from when Robinhood added XRP for EU users recently. Although no press release announced it, the official website of the platform indicated that the platform had integrated XRP for users in the EU, boosting the market’s sentiment earlier this month.

Moreover, the end of Ripple Vs SEC lawsuit has also contributed towards such speculations more so as the courts have provided legal perspectives about the crypto in the region. Now, as the noise around the possible appeal of the XRP case by the US SEC increases, the investors are watching if this stock and crypto trading platform will add this crypto for the US traders.

However, after the listing announcement, UNI price increased by 0.73% to $6.84, and traded at a volume of $114.47 million, up by 9% as well. On the other hand, XLM price slipped by 0.6% to $0.095 although the XTZ price oscillated around $0.6974.

At the same time, XRP price decreased slightly to $0.585 – 0.37% down, and its one-day trading volume dropped to 9%, $923.98 million. Most importantly, Ripple’s native cryptocurrency has risen to a maximum of $0.5908 and fallen to a low of $0.5819 in a single day.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top