Robinhood Expands EU Crypto Offerings with Sonic (S) Token Support
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- Robinhood adds Sonic trading in Europe, boosting its regional expansion strategy.
- Sonic’s market cap reaches $2.3B with a 153.72% surge in trading volume.
- Robinhood’s $200M Bitstamp acquisition strengthens EU and UK market presence.
Robinhood Crypto has announced the addition of Sonic (S) trading support in the European market. This move is part of the company’s expansion strategy. Sonic, formerly known as Fantom (FTM), is the native token of the Sonic network, which operates as a Solana-based Layer 1 EVM blockchain.
Following this announcement, Sonic has secured the #55 rank on CoinMarketCap, with its price at $0.8013. This reflects a 1.01% increase in the past 24 hours. The token’s market capitalization stands at $2.3 billion. Over the last day, Sonic’s trading volume has risen by 153.72%, totaling $221.86 million.
Related: Robinhood’s Main Product is the “Robinhood Crypto in the US” – GM
Robinhood’s European Push: Strategic Expansion
Robinhood’s move to add Sonic to its European crypto offering is part of its plan to expand its reach in the region. This move is strengthened by the company’s recent $200 million acquisi…
The post Robinhood Expands EU Crypto Offerings with Sonic (S) Token Support appeared first on Coin Edition.
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