In a bright spot during a tough market, Robinhood just added two new tokens for its U.S. customers. The popular trading app announced a new Robinhood listing for Aster (ASTER) and Plasma (XPL), immediately giving both projects a major visibility boost and sparking price jumps.
Market Reacts to New Robinhood Listing
The announcement created instant excitement. ASTER quickly surged past $1.30, while XPL briefly broke above $0.50 before settling back. Although their gains were tempered by Bitcoin’s slide below $110,000, the Robinhood listing itself is a significant long-term win.
This move is particularly notable for ASTER, which becomes only the second DEX token ever listed on Robinhood after Uniswap’s UNI. For XPL, which launched just last month, this marks a rapid ascent to availability on nearly all top-tier exchanges.
A Boost When Needed Most
The timing of this Robinhood listing is fortuitous for both tokens. ASTER recently dealt with and resolved issues around its airdrop allocation. Meanwhile, XPL had been sliding since its mainnet beta launch, so the new exchange support provides a fresh catalyst.
While the spotlight is on, the data shows these projects still have ground to gain. Aster’s DEX currently ranks 18th in 24-hour volume, though its weekly volume of $2 billion places it ahead of popular platforms like Pump.fun.
My Thoughts
This is exactly how altcoins build momentum during a bearish period. A Robinhood listing provides legitimacy and access to a massive retail audience. While the current DEX volume isn’t leading the pack, the increased exposure could be a game-changer for user adoption. It’s a classic case of “build it, and they will come”—now they have a much bigger doorway.
