24/7 Cryptocurrency News

Robinhood Relists XRP Sparking Optimism, But There’s a Twist

With the legal battle between Ripple Labs and SEC now over Robinhood is the latest to list XRP on its platform for EU users
Published by
Robinhood Relists XRP Sparking Optimism, But There’s a Twist

Highlights

  • XRP is finally supported on the Robinhood Crypto brokerage
  • This coin is only accessible to users in defined regions
  • Will more trading platforms list XRP post Ripple versus SEC lawsuit?

The XRP community is ecstatic about what appears to be a coin listing by Robinhood Markets Inc. While the brokerage’s crypto arm did not officially announce it, the firm has updated its supported assets page to include the coin. Despite the big news this represents, there is a major catch the community needs to note.

Advertisement

XRP on Robinhood, the Perfect Boost?

One major catch associated with the coin’s listing on the commission-free brokerage is the region that has access to it. In its updated help center page, the firm said the coin is only available to its customers in the European Union.

Alongside digital currencies like Aave, Shiba Inu (SHIB), Bitcoin (BTC) and Ethereum (ETH), Robinhood now supports XRP as well. The community has erupted with this update as it means more market makers for the digital currency.

Many started speculating the potential Robinhood listing following the acquisition of Bitstamp earlier this year. As a platform that support XRP, the odds were considered high. However, the legal tussle between Ripple Labs and the United States Securities and Exchange Commission (SEC) marked a major roadblock.

The coasts became clear following a ruling that mandated Ripple to pay $125 million in fines. This payment brought and end to the Ripple versus SEC lawsuit, provided the commission did not appeal as many are speculating.

The regulatory clarity backing the coin has now made it an attractive asset for exchanges and businesses. This news has weighed positively on the price of XRP. At the time of writing, the coin was changing hands for $0.5898, with a 3.75% in 24 hours. The coin is currently the only one with a positive growth among the top 10 coins.

Advertisement

More Support Ahead?

The Ripple and SEC legal battle spanned for close to 4 years. During this time, many exchanges delisted the coin in order not to get caught in the crosshairs.

With the suit now over, there is a huge expectation that more platforms will be supporting the coin moving forward. With the Robinhood listing, however, XRP now have a regulated source to gain exposure to the asset.

Notably, this update is coming at a time when Grayscale launched the first XRP Trust. With this product, the prospects of a spot ETF for the coin has now increased.

Read More: Ripple Case Over; Will XRP Price Hit $4?

Advertisement

Share
Godfrey Benjamin

Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture. Follow him on X, Linkedin

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • 24/7 Cryptocurrency News

LBank Signs Sponsorship Deal with Argentine National Team, Launches $100M Bonus

Leading cryptocurrency exchange LBank has signed a historic sponsorship deal with the Argentine Football Association…

September 28, 2025
  • 24/7 Cryptocurrency News

ASTER Leads Perp DEX Volumes Despite $4.8M Wintermute Transfers

ASTER dominates decentralized perp trading with $42 billion in daily volume. Meanwhile, Wintermute moved $4.8…

September 28, 2025
  • 24/7 Cryptocurrency News

USDH Launch Boosts Hyperliquid Amid Competitive Market Pressure

Native Markets has staked and locked 200,000 HYPE tokens for three years, making USDH the…

September 28, 2025
  • 24/7 Cryptocurrency News

SEC to Decide on Six Spot XRP ETF Applications in October

The U.S. Securities and Exchange Commission (SEC) is preparing for a key week in October…

September 28, 2025
  • 24/7 Cryptocurrency News

Ripple Partners with Ondo Finance to Tokenize U.S. Treasuries on XRPL

Ripple has partnered with Ondo Finance to combine traditional finance with blockchain technology. This partnership…

September 27, 2025
  • 24/7 Cryptocurrency News

Ethereum Exchange Supply Drops 52% as $3,700 Liquidation Risk Grows

Ethereum’s exchange supply has dropped by more than 52% from their 2016 levels, hitting a…

September 27, 2025