The trading app Robinhood is expected to see a surge in cryptocurrency trading revenue of 440% in the final quarter of 2024, reaching $345.5 million. This increase is attributed to a rise in user activity surrounding the election of Donald Trump in November. Robinhood's overall revenue for the quarter is estimated to be $934.9 million, up from $660.5 million in the previous quarter. Analysts use Robinhood's trading data to estimate the trading volume of Coinbase, which is expected to report one of its strongest quarters with $1.8 billion in revenue.
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