Robinhood Lists Hedera For U.S Customers, HBAR Price Spikes

Top crypto exchange Robinhood has finally listed Hedera for its U.S. customers, months after listing it for its E.U. customers. The Robinhood Hedera listing quickly sparked a 2% surge in the HBAR price, which has recorded significant gains this past month.

Robinhood Hedera Listing Takes Centre Stage

Robinhood data shows that Hedera is now supported on the crypto exchange for trading among U.S. customers. The exchange also confirmed in an X post that the asset is now available for trading.

HBAR becomes the 29th cryptocurrency available on the exchange following the Robinhood Hedera listing. Other major crypto assets such as Bitcoin, Ethereum, XRP, and Solana are already listed on the platform. Top meme coins, including Dogecoin, Shiba Inu, WIF, and BONK, are also available for U.S. customers.

The exchange confirmed that it received integration fees in connection with supporting the token on its platform. It is worth noting that it had earlier listed the crypto asset for its E.U. customers in January, at the same time it listed LDO.

Meanwhile, the HBAR price has spiked on the back of this Robinhood Hedera listing. CoinMarketCap data shows that the crypto asset is up over 3% today. However, the token is down over 9% in the last seven days but up 63% in the past month.

Prior to the listing, crypto analyst Javon Marks stated that HBAR is continuing to push with monumental strength and looks to be right on track towards the meeting of the $0.504 target. He added that this implies the crypto asset could rally by around 80% from its current price level.

Besides the Robinhood Hedera listing, the potential approval of the HBAR ETFs is another factor that could provide bullish momentum for the token. As CoinGape reported, the approval odds for an Hedera ETF have surged to 90% based on predictions from Bloomberg analysts Eric Balchunas and James Seyffart.