On December 13, 2024, Robinhood Crypto announced a remarkable year, concluding with $38 billion in crypto assets under custody and a staggering $119 billion in notional crypto trading volume over the past twelve months. This surge coincides with a significant rise in interest in Bitcoin (BTC).
The platform achieved full coverage across all 50 US states, including Hawaii and Puerto Rico, and expanded its cryptocurrency support to 20 coins, adding notable assets such as Solana (SOL) and Cardano (ADA).
To enhance trading capabilities, Robinhood launched a Crypto Trading API, introducing advanced order types like stop-loss and stop-limit. Additionally, it marked its first anniversary in Europe with localized app launches in Italy, Poland, and Lithuania, increasing its supported coins to 40.
A staking feature for Solana and Ethereum (ETH) was introduced, with over two-thirds of SOL holdings in Europe actively staked. The self-custody web3 wallet also gained traction, achieving hundreds of thousands of downloads globally, supporting cross-chain and gasless token swaps.
Johann Kerbrat, VP and General Manager of Robinhood Crypto, emphasized that 2024 was a transformative year for both the company and the crypto industry.