Breaking: Robinhood Lists Avalanche (AVAX) And Stellar (XLM)

by Zack Edelman
7 ways to make with crypto

Breaking: Robinhood Lists Avalanche (AVAX) And Stellar (XLM)

Robinhood, a cryptocurrency exchange on Monday announced that it has listed Avalanche (AVAX) and Stellar (XLM). The platform recently listed famous cryptocurrencies like Shiba Inu (SHIB) and Chainlink (LINK).

Robinhood listing leaves AVAX up by 12%

Since the announcement, Avalanche prices have jumped by around 12%. AVAX is trading at an average price of $30.0 at the press time. Its 24 trading volume is up by more than 35% to stand at $1.007 billion. It is holding a market cap of over $8.6 billion.

AVAX emerged as one of the most surged tokens over the past 7 days. Its price has jumped by more than 30%.

While Stellar price went up by over 7% since the announcement. However, XLM’s 24 hour trading volume has surged by more than 40% to stand at $199.6 million. Stellar is trading at an average price of $0.132, at the price time. XLM holds a market cap of more than $3.34 billion.

However, this announcement has helped the XLM token to land among the most surged token over the past 24 hours. Meanwhile, its price has jumped by around 15% in the last 7 days.

Cardano Price Analysis: ADA Tests Multiple Resistance Near $5.40; What’s Next?Altcoin News Bitcoin Price Analysis: Bulls Aims For $26,000 Amid Sustained BuyingAltcoin News Apecoin Price Analysis: APE Price Eyes 12% Jump With This ReversalAltcoin News AVAX Price Analysis: Buyers Eyes $36 Mark following Reversal PatternAltcoin News

Crypto exchange opens doors for new features

The crypto exchange is famous for its orthodox style of listing. Back in July, Robinhood added support to the LINK. Before that, it listed popular meme tokens Shiba Inu, Solana and Polygon. As of now, Robinhood offers a trade for just 15 crypto tokens.

Earlier, Robinhood launched options trading in cash accounts for users. However, it mentioned that it is only for eligible customers. The blog mentioned that it was one of the most requested features. This will build and improve users’ trading experience.

It added that users can use deposited cash or settled funds to make trades with these accounts. Meanwhile, it added options trading in cash accounts as an industry standard offering.

Meanwhile, Robinhood also added Brokerage Cash Sweep, Stock lending and many other features over the past 6 months.

7 ways to make money in crypto

You may also like

Leave a Comment

The latest news about crypto industry at Coingraph. Most recent news about bitcoin, altcoin, blockchain, mining, cryptocurrency prices and more.


Email: [email protected]

© 2022 – All rights reserved.