Robinhood, a popular cryptocurrency exchange, has recently made Wormhole (W) and Jupiter (JUP) trading available to its European users. This move has sparked interest in the global crypto community, with the platform offering rewards for trading these tokens.

Despite the support from Robinhood, the prices of JUP and W have experienced a decline, mirroring the overall sluggish performance of the crypto market on May 30. The introduction of these tokens for trading in Europe comes with a €500 reward and up to a 10% bonus on net purchases during the initial 30 days of user registration, as detailed in the platform's terms and conditions.

Wormhole (W) serves as the governance token for the cross-chain blockchain protocol Wormhole, while Jupiter (JUP) is the native token of Jupiter, a decentralized exchange aggregator built on the Solana blockchain. Despite the initial excitement surrounding their listing, both tokens have seen a decrease in price, with JUP falling by 7.11% to $1.10 and W dropping by 6.76% to $0.5751 in the past 24 hours.

As the market conditions evolve, the listing of these tokens on Robinhood could potentially present an opportunity for price growth, as new listings on exchanges often bring positive sentiment to cryptocurrencies. The Relative Strength Index (RSI) for JUP and W indicates a neutral market sentiment with slight downward pressure, suggesting a cautious outlook for these tokens in the near term.

Robinhood's expansion into the European crypto landscape includes the recent launch of Solana (SOL) staking services, demonstrating the platform's commitment to providing a diverse range of offerings to its users in the region.