Despite seeing a surge in its crypto trading volume over the years, Robinhood (HOOD) maintains a rather limited presence in the crptocurrency market. At the end of 2024, it was not even one of the top-10 largest centralized exchanges by market share.

Robinhood Markets (NASDAQ: HOOD) has sent investors on a rollercoaster ride since going public in 2021. Its stock listed at $38 per share, soared to a record high of $85, and then plunged by 91% to an all-time low of around $7 -- all in less than a year.

What Happened? Shares of financial services company Robinhood (NASDAQ:HOOD) fell 10.6% in the morning session after stocks tied to the crypto market fell, mirroring the weakness in digital assets. Bitcoin,