Morning Minute: Robinhood Chain Explodes Onto the Crypto Scene
Robinhood Chain launched strongly and quickly became one of crypto’s busiest networks. In its first week, it processed over 17 million transactions, nearly 350,000 active addresses, about $250 million in TVL, and more than $1 billion in DEX volume. Recent daily trading volume topped roughly $433 million, ranking it fifth among blockchains and ahead of Hyperliquid. Growth has been driven mainly by memecoins, including several Robinhood-themed tokens that saw huge gains. Arbitrum’s ARB also rose after the chain’s success, since Robinhood Chain uses Arbitrum tech and shares some revenue with its ecosystem. The surge is impressive but may be fragile if it depends too heavily on speculative memecoin trading rather than longer-term use cases like RWAs.
