Robinhood Chain

CASHCAT saw a significant jump of 120% over the course of one week. This major movement was recorded as the Robinhood Chain milestone, reaching $774 million in total value locked.

Robinhood Chain deposits have increased, but trading volume and user numbers have declined following a memecoin-driven launch. The platform's active accounts averaged 275,000 daily, representing a 7% week-over-week decrease.

Robinhood Chain's real-world assets have increased fivefold as tokenized stocks begin trading in larger volumes. The growth highlights expanding interest in tokenized equity markets.

Robinhood CEO Vlad Tenev's X account was hacked to promote a fake 'Vladhood' token, falsely presented as the mascot of Robinhood Chain. The incident is part of a fraud targeting a network dominated by meme-based schemes.

Robinhood CEO’s X account was hacked to promote the Vladhood memecoin, which has been flagged as a scam. Robinhood Chain has reported cumulative decentralized exchange (DEX) volume of approximately $9 billion, largely driven by high-risk memecoins, according to Entropy Advisors.

Robinhood Chain reached $431 million in total value locked (TVL) and 250,000+ daily users in under three weeks. FalconX highlighted that memecoins account for 80% of the $9 billion decentralized exchange (DEX) volume on the platform.

Bernstein has raised its price target for Robinhood, citing the brokerage's blockchain strategy which includes tokenized equities and the Arbitrum-based Robinhood Chain. Analysts suggest this strategy could reduce Robinhood's reliance on traditional cryptocurrency trading.

Bernstein raised its price target for Robinhood to $160, highlighting prediction markets, Rothera, and Robinhood Chain as key revenue drivers. The increase suggests potential growth in non-crypto revenue areas for the company.

Uniswap governance is voting on proposals to expand the UNI burn system through v4 fees and Robinhood Chain integration, with voting open from July 19 to July 26. Both proposals direct new fees into the system established during December's 'UNIfication' overhaul.

Vlad.fun, a Robinhood Chain memecoin launchpad, suspended its platform after discovering a 'serious internal integrity issue' involving team members. The nature of the alleged misconduct was not disclosed.

Surging volumes on Robinhood Chain may benefit Ethereum, contingent on the validity of the 'ETH is money' narrative. The article highlights a potential positive impact for Ethereum if this narrative proves correct.

Crypto markets surged following a favorable CPI report. Circle experienced a challenging day, Pump.fun saw its first major token unlock, and Robinhood Chain recorded its first significant token rotation.

The launchpad that fueled Robinhood Chain's memecoin boom has distributed all its revenue. This event marks a significant financial shift for the platform.

Robinhood Chain's initial growth is fueled by trading in meme coins rather than tokenized stocks, with traders preferring 'Tendies' over Apple.

BitMine purchased $49 million in Ethereum, and Tom Lee, BitMine Chairman, noted that Ethereum is benefiting from the early success of the Robinhood Chain layer-2 network.

Tom Lee highlights growing Ethereum adoption as users view it as money, while Bitmine adds 27,801 ETH, bringing its total holdings to 5.77M ETH (4.8% of the supply). The article cites Robinhood Chain as a driver of everyday user adoption.

Robinhood Chain has surged into the top five by DEX volume, according to Bernstein. The report highlights a significant increase in decentralized exchange activity for the platform.

Robinhood Chain achieved $3.1B in weekly DEX volume and 65K users since its July 1 launch, according to Bernstein. The Layer 2 network is focusing on tokenized markets.

Robinhood Chain is seen as bullish for ETH despite Ethereum critics, while Nigel Farage and Donald Trump are involved in crypto-related scandals. Saylor's actions are described as complicating the narrative.

Robinhood Chain is an Ethereum layer-2 network built with Arbitrum technology for tokenized assets, crypto apps, and on-chain financial products.

Robinhood Chain has entered the crypto market. Circle secured a national bank charter and its stock rose 10%. The Clarity Act received a new draft as time is running out.

Robinhood Chain processed over $70M in ETH bridged during its first week. HashKey Group’s Tim Sun stated that Robinhood’s use of Ethereum reinforces its role as the 'ultimate settlement layer and liquidity foundation for tokenized assets.'

Vanguard has hired a Head of Digital Assets as crypto majors decline due to the U.S. military strike on Iran ending a ceasefire. A meme coin frenzy is occurring on the Robinhood chain.

Robinhood launched 'Robinhood Chain,' leading to an 8% increase in HOOD shares and a larger rise in their crypto perp dex partner's value. The article also notes the emergence of a new crypto unicorn.