Home » Ecosystem » Robinhood expands crypto offerings with Pyth Network token PYTH
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Feb. 14, 2025
Solana tokens designate a serious growth of Robinhood’s crypto offerings amid evolving regulatory panorama.
Photo: Gabby Jones
Key Takeaways
- Robinhood has added the Pyth Network (PYTH) and Raydium (RAY) tokens to its platform, rising its offering all the intention in which thru the Solana ecosystem.
- The inclusion of these tokens provides retail merchants salvage admission to to Solana-primarily based infrastructure initiatives.
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Robinhood added Solana-primarily based token Pyth Network (PYTH) to its crypto trading platform as phase of its digital asset growth efforts.
Robinhood has made PYTH tokens available in the market thru a straight away itemizing.
Please refer to @RobinhoodApp‘s legitimate web region and announcement channels for added runt print: https://t.co/Fb03UvbmPS
— Pyth Network 🔮 (@PythNetwork) February 14, 2025
The addition of the PYTH token provides retail merchants a original salvage admission to imprint an infrastructure undertaking all the intention in which thru the Solana ecosystem, which has won traction in DeFi and blockchain capabilities.
Pyth Network’s PYTH token represents a inaccurate-chain oracle platform that delivers proper-time imprint recordsdata all over various asset lessons, including equities, crypto resources, and commodities.
The community sources recordsdata from institutional contributors adore exchanges and trading corporations, making it accessible on-chain for decentralized finance capabilities.
The itemizing comes amid recent regulatory shifts in the US following Donald Trump’s reelection, which coincides with extra favorable crypto oversight.
Trading volumes and plans for future token listings had been now no longer disclosed.
In Also can 2024, Robinhood launched Solana staking in Europe, offering a 5% APY to fulfill the search recordsdata from for passive earnings alternatives among its users.
Closing November, the trading platform relisted SOL, ADA, and XRP and added PEPE to its platform to diversify its crypto offerings and make stronger accessibility.
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