Quick Takeaways
- Robinhood lists BNB, flourishing its crypto portfolio to 40+ tokens.
- BNB’s market cap is nearing $150 billion after a powerful price rally.
- U. S. exchanges indicate increasing nakedness to Binance-related assets.
Robinhood Adds BNB Trading Amid Market Surge
Robinhood has officially added Binance’s native token, BNB, surpassing its 27 million fund users’ accession to the world’s fourth-largest cryptocurrency. The motion signals a spacious banker’s acceptance of Binance’s ecosystem among U.S. trading platforms.
BNB has seen a strong rally in recent months, surface from around $500 in February to an all-time richly of $1, 350 times this month.
BNB’s Rally and Flourish Market Reach
BNB currently swaps near $1 070, with a market cap just under $150 billion, according to The Block. Traders dubbed the surge “BNB SZN,” as record activity on PancakeSwap and a wave of BNB-based memecoins drew over 100,000 on-chain participants.
Since Coinbase added BNB, U.S. exchanges are embracing Binance-linked assets despite past regulatory concerns.
Robinhood’s Develop Crypto Ambitions
Robinhood continues to scale its crypto operations. The company treated $8 6 billion in crypto trading volume in August and is increasingly become to digital asset as a key gross source.
CEO Vlad Tenev said, “Tokenization is like a freight train, it can’t be stopped,” underscoring the company’s push for blockchain innovation.
Beyond trading, Robinhood is expanding into tokenization and prediction markets, positioning itself for the next wave of crypto adoption.
A Milestone for Binance and U. S. Exchanges
Robinhood’s BNB listing stigmatizes a pivotal shift in blockchain-linked assets in the U. S. grocery store. With Coinbase and Robinhood offering BNB, its performance signals rising mainstream acceptance.
Robinhood, which began listing Bitcoin and Ethereum in 2018, now supports over 40 tokens as it pushes to become a global crypto hub.
As BNB’s market cap nears $150 billion, its U.S. listings cement its role in the global crypto ecosystem.
