Meme Token CASHCAT Rockets Over 700% Overnight on Robinhood Chain

The post Tenev Embraces Memes to Seed Robinhood Chain Before the RWA Payoff appeared on BitcoinEthereumNews.com. Robinhood CEO Vlad Tenev, just last week on July 2 told CNBC that memecoins were essentially a dead end. In the interview, he stated that assets with no utility aren’t productive and spinning up hundreds of them serves no purpose. He went on to say that the future of crypto is real-world assets moved onchain.  Then today, he posted on X that “While we’re building robinhood chain to be the best chain for RWA … it works great for memes too.” At first glance, this reads like a contradiction. It isn’t. It’s the plan.  While we’re building robinhood chain to be the best chain for RWA … it works great for memes too — Vlad Tenev (@vladtenev) July 8, 2026 Robinhood switched on the public mainnet of Robinhood Chain on July 1 during a London livestream called “The World is Flat.” The chain is an Arbitrum Orbit Layer 2, permissionless, and built for tokenized stocks and onchain finance

The post CASHCAT’s Meteoric Rise Elevates Robinhood Chain appeared on BitcoinEthereumNews.com. In an astonishing burst of activity, the meme token CASHCAT achieved an impressive 718% price leap within just 24 hours, spotlighting Robinhood Chain’s newly launched Layer 2 network. Following its recent debut on July 1, the token’s market capitalization rapidly surpassed $68 million, catching the attention of traders and analysts alike. Continue Reading:CASHCAT’s Meteoric Rise Elevates Robinhood Chain Source: https://en.bitcoinhaber.net/cashcats-meteoric-rise-elevates-robinhood-chain

The post Meme Token CASHCAT Takes the Crypto World by Storm with Spectacular Surge appeared on BitcoinEthereumNews.com. Emerging as a sensation in the crypto markets, the meme token CASHCAT, traded on the Robinhood Chain, has witnessed an exhilarating leap in its value. Within just a day, the token’s worth soared by over 718%, with its market cap swiftly climbing past $68 million shortly after its introduction on July 1. Continue Reading:Meme Token CASHCAT Takes the Crypto World by Storm with Spectacular Surge Source: https://en.bitcoinhaber.net/meme-token-cashcat-takes-the-crypto-world-by-storm-with-spectacular-surge

The post Explosive Rise of CASHCAT Captures Market Spotlight appeared on BitcoinEthereumNews.com. The meme token CASHCAT, debuting on Robinhood Chain just days ago, has experienced an extraordinary increase in value, skyrocketing by 718% within a single day. Following its launch on July 1, the token’s market capitalization ballooned, quickly surpassing $68 million according to data from CoinMarketCap. Continue Reading:Explosive Rise of CASHCAT Captures Market Spotlight Source: https://en.bitcoinhaber.net/explosive-rise-of-cashcat-captures-market-spotlight

Robinhood's blockchain pivot could redefine financial markets, but regulatory challenges and compliance complexities may impact its global reach. The post Robinhood Chain launches as a Layer 2 blockchain built for real-world assets appeared first on Crypto Briefing.

The post CASHCAT jumps 718% as meme-coin speculation grips crypto again appeared on BitcoinEthereumNews.com. CASHCAT, a meme token that operates on Robinhood’s newly introduced Layer 2 blockchain, has grown by more than 718% in just 24 hours, resulting in a market capitalization of well over $68 million, according to real-time trading data collated by CoinMarketCap DexScan on July 8. This growth is another indication that the speculative nature of meme coin trading is once again causing traders and trading volume to migrate to the token that has the greatest momentum. In terms of importance to the wider market, tokens such as CASHCAT are more valuable for the effects they produce rather than for their size in the market. Meme trading is known to increase network activity and fees, as seen from the report by Cryptopolitan which noted significant increases in Solana’s active addresses and BNB Chain trading volume recently. CASHCAT has also been able to increase network activity and tradi

Robinhood's blockchain success with meme tokens could drive broader adoption and innovation in real-world asset tokenization. The post Robinhood Chain works great for memes, CEO says appeared first on Crypto Briefing.

The rapid growth in USDG holders highlights Robinhood Chain's potential to reshape digital finance, emphasizing self-custody and DeFi integration. The post Robinhood Chain’s USDG holder count surges to 4K, up 10x in a week appeared first on Crypto Briefing.