Bitstamp, the world’s longest-running crypto exchange, recently ignited excitement within the XRP community with a teasing post suggesting a "moonshot" for the asset. This playful nod to XRP’s potential for a dramatic price surge has rejuvenated hope among the XRP Army.
The post hints at the possibility of XRP achieving significant price gains, reflecting a long-held dream of its supporters. Steingraber highlighted that acquiring Bitstamp could significantly bolster Robinhood's crypto offerings.
Last year, major exchanges such as Coinbase, Bitstamp, Gemini, and Kraken resumed XRP trading for U.S. users following a federal judge’s ruling that XRP is not a security. Despite this, Robinhood has remained cautious, only providing real-time market data for XRP without listing it for trading.
However, Robinhood’s recent agreement to acquire Bitstamp, set to be finalized in early 2025, may change this stance. The acquisition aims to integrate Bitstamp’s crypto operations into Robinhood’s platform, extending its reach to clients in the U.S., E.U., U.K., and Asia.
A key outcome of this acquisition could be the listing of XRP on Robinhood’s crypto platform. Bitstamp’s strong technical support for the XRP Ledger means Robinhood would inherit the necessary infrastructure to list XRP and other XRPL-issued tokens.
This potential integration has fueled optimism among XRP enthusiasts, who hope to see XRP trading on Robinhood after the Bitstamp acquisition is complete.
However, not all analysts share this optimism. Crypto analyst Mr. Huber has urged caution, suggesting that Robinhood might delist XRP from Bitstamp’s platform post-acquisition.
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