A layer of layer 2 Ethereum (ETH) is soaring after obtaining the support of the American retail giant Robinhood.
According to Robinhood, the Ethly Layer-2 Arbitrum (ARB) is now available to be purchased, sold and exchanged on the trading platform.
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The news of the addition sent ARB with a price of $ 0.374 on March 4 to $ 0.421 per day later. He has since stabilized and negotiated at $ 0.419 at the time of the editorial staff, a gain of 14.5% in the last 24 hours.
Arb is joining Robinhood’s Suite of Crypto Products, which includes Bitcoin (BTC), Ethereum, Cardano (ADA), Solana (Sol), the same popular so as Dogecoin (Doge), Pepe (Pepe) and Shiba Inu (Shib) and dozens of others.
Last month, Robinhood reported that he had seen that he had seen an amazing 8-time increase in cryptographic negotiation income in the fourth quarter of 2024, losing pressure on Coinbase, his competitor and the largest crypto exchange platform in the United States.
According to Robinhood’s investment report, the company experienced a 200% increase in annual sliding of transactions based on transactions, most of which can be allocated to the crypto.
In February, the American Commission for Securities and Exchange (SEC) abandoned its investigation into Robinhood without taking any application measure against the company.
As Dan Gallagher, the legal director, compliance and affairs of Robinhood, said at the time,
“We applaud the personnel decision to close this investigation without any action. Let me be clear – this investigation should never have been opened. Robinhood Crypto has always and will always respect the federal laws on securities and has never authorized transactions in titles.
As we explained to the dry, any case against Robinhood Crypto would have failed. We appreciate the official closure of this investigation, and we are happy to see a return to the rule of law and a commitment to equity to the dry. »»
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