A scale solution of Ethereum layer 2 (ETH) is raising after obtaining support from the commercial giant of retail trade in the United States Robinhood.
According to Robinhood, referee Eth Layer-2 (ARB) is now available to be bought, sold and negotiated by the negotiation platform.
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The news of the addition sent an increase of ARB of a price of $ 0.374 on March 4 to $ 0.421 per day later. Since then it has stabilized and is quoted for $ 0.419 at the time of writing, a gain of 14.5% during the last 24 hours.
ARB binds to the robinhouse cryptographic products suite, which includes Bitcoin (BTC), Ethereum, Cardano (ADA), Solana (Sol), Popular Memecoins such as Dogecoin (Doge), Pepe (Pepe) and Shiba Inu (Shib) and dozens of others.
Last month, it was Robinhood that it was reported that he saw an amazing increase of 8 times in the commercial income of cryptography in the fourth quarter of 2024, exercising pressure on Coinbase, its competitor and the largest cryptographic exchange platform in the United States.
According to Robinhood’s investment report, the company saw an increase of 200% year after year in transactions -based income, most of which can be attributed to cryptography.
In February, the United States Stock Exchange and Securities Commission (SEC) eliminated its research on Robinhood without collecting any compliance action against the company.
As stated by Dan Gallagher, the main legal officer, compliance and corporate issues of Robinhood, at that time,
“We applaud the staff decision to close this investigation without action. Let me be clear: this research should never have opened. Robinhood Crypto has always respected and will always respect federal laws of values ​​and never allowed transactions in values.
As we explained to the SEC, any case against Robinhood Crypto would have failed. We appreciate the formal closure of this investigation, and we are happy to see a return to the rule of law and the commitment to equity in the SEC. ”
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