CandleFocus Robinhood re-lists SOL at $216 one year after forcing users to sell for $16
2024-11-13
Author: Content Editor
Trading platform Robinhood has relisted Solana (SOL) after previously delisting the cryptocurrency and selling any remaining coins for $16. The move has been criticized by users who experienced significant losses due to the forced sale of their coins. Robinhood has now added Cardano (ADA), PEPE, and XRP to its platform alongside the relisting of SOL. The delisting last year was due to Robinhood identifying these tokens as securities in response to a lawsuit accusing Binance and Coinbase of offering unregistered securities. Since the delisting, SOL's price has increased by 1,250%, causing frustration among users who missed out on potential gains.
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