Key Takeaways
- Robinhood has added the Pyth Community (PYTH) and Raydium (RAY) tokens to its platform, increasing its providing inside the Solana ecosystem.
- The inclusion of those tokens offers retail buyers entry to Solana-based infrastructure initiatives.
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Robinhood added Solana-based token Pyth Community (PYTH) to its crypto buying and selling platform as a part of its digital asset growth efforts.
Robinhood has made PYTH tokens out there via a direct itemizing.
Please check with @RobinhoodApp‘s official web site and announcement channels for extra particulars: https://t.co/Fb03UvbmPS
— Pyth Community 🔮 (@PythNetwork) February 14, 2025
The addition of the PYTH token provides retail buyers a brand new entry level to an infrastructure venture inside the Solana ecosystem, which has gained traction in DeFi and blockchain purposes.
Pyth Community’s PYTH token represents a cross-chain oracle platform that delivers real-time value knowledge throughout numerous asset courses, together with equities, crypto belongings, and commodities.
The community sources knowledge from institutional contributors like exchanges and buying and selling companies, making it accessible on-chain for decentralized finance purposes.
The itemizing comes amid latest regulatory shifts within the US following Donald Trump’s reelection, which coincides with extra favorable crypto oversight.
Buying and selling volumes and plans for future token listings weren’t disclosed.
In Might 2024, Robinhood launched Solana staking in Europe, providing a 5% APY to satisfy the demand for passive revenue alternatives amongst its customers.
Final November, the buying and selling platform relisted SOL, ADA, and XRP and added PEPE to its platform to diversify its crypto choices and improve accessibility.
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