Popular trading platform Robinhood announced today the listing of four new cryptocurrencies: Shiba Inu (SHIB), Solana (SOL), Polygon (MATIC), and Compound (COMP). Finally! The moment Shiba Inu fans have been campaigning for has arrived. After months of speculation, Robinhood seems to be adding four major cryptocurrencies to its roster, according to its website.

Shiba Inu, Solana, Polygon, and Compound Join Robinhood

These are the memecoin Shiba Inu, blockchains Solana and Polygon, and decentralized finance protocol Compound. The addition of these popular cryptocurrencies represents a significant expansion of Robinhood's crypto offerings, giving investors greater access to a wider range of digital assets.

Shiba Inu (SHIB) Lands on Robinhood

Shiba Inu is a meme crypto that shot to fame last year. It's a community-based token known for its strong online presence. Shiba Inu scored big with nearly 7 percent gains following the news of the listing. The Shiba Inu community has been persistent in their calls for Robinhood to list SHIB, and their efforts have paid off!

Solana (SOL), Polygon (MATIC), and Compound (COMP) Also Listed

Beyond SHIB, the addition of Solana (SOL) provides users with access to a high-performance blockchain known for its speed and scalability. Polygon (MATIC) offers layer-2 scaling solutions for Ethereum, addressing issues of transaction fees and speed. And The addition of COMP gives users exposure to a leading decentralized finance (DeFi) platform. Solana took home only 2 percent while MATIC bagged 3.73 percent profits following the news.

After weeks of rumors, the official announcement confirms what many crypto enthusiasts were hoping for. The inclusion of Shiba Inu, Solana, Polygon, and Compound broadens Robinhood's appeal and provides more diverse investment opportunities for its users.