Robinhood Lists SOL, PEPE, ADA, and XRP in Wake of Trump’s Electoral Victory

Robinhood Adds New Cryptos Amid Optimism Following Trump Election Victory

The election of crypto-friendly Donald Trump as U.S. president is sparking waves of optimism across the digital asset sector, with regulatory changes on the horizon. Against this backdrop, Robinhood (HOOD) has expanded its cryptocurrency offerings, adding Solana (SOL), Pepe (PEPE), Cardano (ADA), and XRP (XRP) to its trading platform.

With this update, Robinhood now supports 19 cryptocurrencies for its U.S. customers. Coinbase (COIN), which already facilitated trading for SOL, ADA, and XRP, followed suit by listing PEPE on Wednesday.

The additions come shortly after Trump’s election victory, which has renewed hope for a more crypto-friendly regulatory environment. Trump has previously signaled plans to replace SEC Chair Gary Gensler, whose tenure has been marked by aggressive actions against the crypto industry.

Following the announcements, all four tokens saw slight price increases, while bitcoin surged to a record $91,000. Robinhood’s Vice President of Crypto, Johann Kerbrat, stated: “We’re listening to our customers and are excited to bring them more options as we grow our crypto offerings.”

The move is particularly notable given Robinhood’s decision last year to delist SOL and ADA following an SEC lawsuit that labeled them as securities. With a change in administration and the potential for clearer regulatory guidance, platforms like Robinhood and Coinbase appear ready to embrace a broader range of digital assets.

As President-elect Trump prepares to take office in January, the industry anticipates a regulatory overhaul that could better support blockchain innovation. For now, the market is riding a wave of optimism, with traders eyeing the potential for more favorable conditions ahead.