Cardano and Solana drop after being delisted from popular trading apps | CoinDesk JAPAN | CoinDesk Japan
Cardano (ADA) and Solana (SOL) tumbled Monday, simply earlier than common buying and selling app Robinhood delisted the 2 cryptocurrencies at 18:59 ET on the identical day.
On June ninth, Robinhood introduced that it could finish buying and selling Cardano, Solana, and Polygon (MATIC) on June twenty seventh. The choice comes shortly after the SEC (U.S. Securities and Trade Fee) named these crypto property as “securities” in a lawsuit towards Binance and Coinbase.
Cardano and Solana fell about 2.3% and about 1.8% in 24 hours, in response to CoinDesk knowledge. The CoinDesk Market Index (CMI), which measures total market exercise, was up 0.6%. Porygon is flat.
Since Robinhood introduced the top of buying and selling for 3 crypto property on June 9, the costs of the three crypto property have fallen by greater than 5%, whereas the CMI has risen by about 9%.
｜Translation: CoinDesk JAPAN
｜Enhancing: Takayuki Masuda
| Picture: CoinDesk TV
｜Authentic: ADA, SOL Underperform as Robinhood Will get Set to Delist Them Amid SEC Crackdown
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