Robinhood Defies SEC: SOL, ADA, and XRP Make a Comeback with Surging Prices!

13.11.2024 51 times read 0 Comments

Despite Security Label: Robinhood Relists SOL, ADA, and XRP

In a surprising turn, US broker Robinhood has relisted the cryptocurrencies Solana (SOL), Cardano (ADA), and Ripple (XRP) on its platform. This decision comes despite their classification as securities by the SEC in a case against Coinbase last year. According to BTC-ECHO | Bitcoin & Blockchain since 2014, this news led to a 2.2% rise in Solana and a 6.1% increase in Cardano within just an hour after the announcement.

Ripple (XRP) on the Rise: Is a 700% Increase Ahead?

According to Coin Kurier, Ripple is currently experiencing a remarkable upswing with speculations about a potential price increase of up to 700%. The price recently surged by more than 19%, bringing the token to the forefront of many investors’ interests. However, analysts caution about market volatility and emphasize the importance of technical resistance levels for sustainable development.

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XRP Surges! Massive Ripple Pump After Months of Stagnation!

Investing.com Deutsch reports on the sudden price surge of XRP after eight months of relative calm in the market. The recent developments may have been favored by political changes, particularly by Donald Trump's election victory. It is speculated that this could provide positive momentum for future regulatory decisions.

Discussion Between Ripple and Cardano Heads Could Lead to Collaboration Considerations

Krypto News Flash highlights that there have been talks between Charles Hoskinson from Cardano and Brad Garlinghouse from Ripple. A potential collaboration is on the table; both CEOs have expressed positive sentiments about potential joint projects such as introducing Ripple’s stablecoin RLUSD on the Cardano network.

XRP Rising: Can Resistance Levels Be Broken?

Citing Coin-Update, the current momentum around XRP is described with technical indicators in the bullish range. Despite a significant rise, caution remains advisable regarding possible declines below critical support levels, such as $0.6250 USD.

XRP Increases by 11% - The Rally Gains Momentum

According to Investing.com Deutsch, XRP recently recorded its largest percentage daily gain since November this year, with a rise of over ten percent within a few hours. This reflects increased interest as well as the potential for further price gains considering current market trends.

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Article Summary

Robinhood has relisted SOL, ADA, and XRP despite SEC's security classification, leading to price increases for these cryptocurrencies. Meanwhile, Ripple (XRP) is experiencing a significant surge with speculations of further gains amid potential collaborations and market momentum.

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A well-known and established cloud hosting company. With a good entry point and in a good market phase, a good ROI can also be generated with some patience. Unfortunately, we see the durations as a major drawback.

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