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In the dynamic landscape of cryptocurrency trading, Robinhood has emerged as a notable player.
Despite recent fluctuations in its trading volumes, April 2025 brought some surprising insights into the company's crypto dealings.
With an impressive history of trading activity, Robinhood saw its crypto trading volume dip to $8 billion in April, down from the $15 billion monthly average seen in the first quarter.
This downturn has triggered conversations among analysts, particularly at Mizuho Securities, who continue to project robustness in the company's future performance.
In this article, we will delve into the recent trends surrounding Robinhood's crypto volume, explore analysts' forecasts, and provide a comprehensive outlook on what the future may hold for this popular trading platform.
Crypto News, Articles and Reports

Key Takeaways
- Robinhood's crypto trading volume dropped to $8 billion in April 2025, down from a $15 billion average earlier this year.
- Analysts remain optimistic about Robinhood's crypto prospects due to higher activity levels than historical averages and increasing take rates.
- Mizuho Securities lowered its second-quarter volume estimates but still maintains a bullish outlook on Robinhood's stock target price of $65.
Current Trends in Robinhood's Crypto Trading Volume
As we delve into the current state of Robinhood's crypto trading volume, recent reports indicate a noticeable drop in activity amidst an uptick in market dynamics.
In April 2025, Robinhood's crypto trading volume fell to approximately $8 billion, a significant reduction from the $15 billion average recorded between January and March.
This downturn contrasts sharply with the record-high trading volume of $70 billion achieved in Q4 2024, contributing to a robust first-quarter total of $46 billion—a 28% increase over the previous year's performance.
Analysts from Mizuho Securities, however, remain cautiously optimistic about Robinhood's future in the crypto space.
They point to several key indicators: trading volumes are still surpassing historical averages, there is a noted increase in the company's take rates, and historically, trading volumes tend to spike alongside rising Bitcoin prices.
Although Mizuho has revised its volume projections for Q2 down from $35 billion to $32 billion, the firm continues to view Robinhood's stock favorably, albeit with an adjusted price target of $65, while the stock is currently valued at around $49.37.
This analysis underscores the importance of monitoring market trends and company strategies within the volatile landscape of cryptocurrency trading.
Analysts' Forecast and Future Outlook for Robinhood
The analysis surrounding Robinhood's market performance in the crypto trading sector paints a nuanced picture.
Despite the decline to $8 billion in crypto trading volume in April 2025, the company’s performance earlier in the year, highlighted by a 28% year-over-year increase in the first quarter, showcases its resilience.
Analysts recognize that the fluctuation is not unusual in the highly volatile crypto space.
Factors like seasonal trading patterns and external market influences can significantly impact trading activities.
Notably, increasing take rates indicate that Robinhood is effectively capitalizing on its trading volume by generating higher revenue per transaction.
Furthermore, the optimism projected by Mizuho Securities reflects a belief that as Bitcoin prices regain momentum, trading volumes will likely rebound, suggesting that investors should keep a close eye on market movements and evolving trends in cryptocurrency to inform their decisions regarding Robinhood's future performance.
By Wolfy Wealth - Empowering crypto investors since 2016
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