Morning Minute: Robinhood Chain Levels Up as Memes and RWAs Soar
Robinhood Chain is surging again, driven by memecoins, infrastructure tokens, and especially real-world assets. The chain saw its strongest day since mid-July, with about $443 million in DEX volume, over 3 million transactions, and more than 115,000 active wallets. Volume is roughly 3x off the early-August low. Several tokens tied to the ecosystem rallied, including StonkBroker, Index, HMM, TENDIES, Juggernaut, and YOLO, while new token Biscotti quickly reached $10 million in market cap. Every token in the top 11 by market cap is less than two months old. RWA activity is accelerating fast: total tokenized asset value reached $41.9 million across 202 assets, and net onchain RWA flows hit about $85 million in one day, far above mid-July levels. Vlad Tenev also said developers are building unexpected products on the chain, suggesting Robinhood is paying close attention. The main near-term catalyst to watch is the next Robinhood listing.
