Coinbase Stock Down 14% as #RelistXRP Trends: What\'s Happening?
Coinbase (COIN) stock has taken a significant hit, dropping 14% recently. This decline coincides with a surge in the #RelistXRP hashtag trending on Twitter, sparking speculation about the exchange\'s future relationship with Ripple (XRP) and broader regulatory concerns.
Why is #RelistXRP Trending?
The "XRP Army" has reignited its efforts to get Coinbase to relist XRP, Ripple\'s native cryptocurrency. At press time, #RelistXRP was trending, driven by the belief that a favorable outcome in Ripple\'s legal battle with the SEC could pave the way for a relisting. In fact, the latest trend on Twitter re-affirms that the spirit is still high for relisting XRP on Coinbase. Some reports suggest the #RelistXRP hashtag generated at least 29.7K interactions.
Coinbase\'s SEC Woes and the Wells Notice
Coinbase\'s current situation is complicated by a recent Wells notice received from the SEC. This notice, mentioned by Coinbase cryptonewstoday SEC, focuses on staking programs and asset listings, raising concerns about the regulatory scrutiny the exchange faces. As Coinbase recently received a Wells notice from the SEC focused on staking and asset listings Coinbase cryptonewstoday SEC. Coinbase Takes A Stand Against SEC Crackdown! Is XRP Re-Listing Underway?
Will Coinbase Relist XRP?
The question on everyone\'s mind is: Will Coinbase relist XRP? While there\'s no definitive answer, the possibility is fueling the online buzz. Amid Coinbase CEO standing up for crypto staking and economic freedom, the online community has again urged the exchange to relist XRP. Amid the re-listing trend, it should be noted that Coinbase’s stock lost 14% of its value in a single day, possibly reflecting market uncertainty. The cryptocurrency winter that began in 2025 has resulted in the closure of discussions surrounding the issue, but Twitter is on heat positively as the hashtag “RelistXRP” on the Coinbase exchange goes extremely viral. In terms of Ripple, there is nowhere cool on the social media for certain viewpoints. Many within the CryptoCurrency community believe a victory for Ripple in its legal battle could significantly influence Coinbase\'s decision.
Coinbase\'s Stance and the Future of Crypto Exchanges
Coinbase\'s response to the SEC crackdown is being closely watched. Their actions could set a precedent for other crypto exchanges navigating the increasingly complex regulatory landscape. The outcome of the SEC investigation and Coinbase\'s decisions regarding asset listings will undoubtedly impact the future of the exchange and the broader cryptocurrency market.