According to Robinhood's data, the trading volume of cryptocurrencies fell to $2.1 billion in May, a decrease of 43% from the previous month and 68% from the previous year. The number of monthly active users was 10.6 million, a decrease of 8% from the previous month and 28% from the previous year. Robinhood recently delisted ADA, MATIC, and SOL due to a SEC lawsuit.

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