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Fintech Giant Robinhood Embraces Binance Coin (BNB) and Hyperliquid (HYPE)

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Robinhood, a retail buying and selling platform that enables customers to spend money on shares, ETFs, and cryptocurrencies, has formally listed BNB, the native token of Binance.

The group has over 26 million purchasers, whereas different digital belongings out there for buying and selling embody Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Dogecoin (DOGE), Litecoin (LTC), Shiba Inu (SHIB), and many extra.

BNB’s inclusion sparked enthusiasm throughout the crypto house, with some well-liked X customers arguing that this might set off a further worth surge for the underlying asset.

The one with the moniker Investor Jordan described the initiative as “huge,” predicting that BNB might explode previous $2,000 “as soon as the gang returns.”

As of this writing, the asset’s worth hovers at round $1,090, which is a considerable decline from the all-time high of virtually $1,400 witnessed earlier this month however nonetheless a whopping 45% improve on a three-month scale.

At one level, BNB became the third-biggest cryptocurrency with a market cap of over $190 billion. However, Tether’s USDT reclaimed its prime 3 spot, and Binance’s native token is at the moment positioned fourth with a capitalization of round $150 billion.

Following the BNB addition introduced on Wednesday, the Vlad Tenev-led firm splashed additional into the crypto waters by introducing Hyperliquid’s native token, HYPE. The asset, which had already jumped by 11% after extra positive news from the group behind it, surged to $40 for the primary time in days.

The publish Fintech Giant Robinhood Embraces Binance Coin (BNB) and Hyperliquid (HYPE) appeared first on CryptoPotato.

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