The post Robinhood Chain DEX Volume Hits Record High Amid Cash Cat Frenzy appeared on BitcoinEthereumNews.com.
Robinhood Chain’s daily decentralized exchange (DEX) trading volume reached $563.9 million on July 8. This marked a record high for the week-old network, as a meme coin rush overtook its tokenized-asset pitch. The surge coincided with 193,187 daily active addresses. Cash Cat (CASHCAT), a token tied to Robinhood’s original name, led the frenzy. Robinhood Chain Turns Into a Meme Coin Hub Robinhood launched the Robinhood Chain public mainnet on July 1. The Layer 2 network runs on Arbitrum technology and targets real-world assets (RWA). Nonetheless, retail meme trading set the tone instead since the launch. According to data from Dune, 16,639 tokens were created over the past 24 hours, and many have already exceeded a $1 million market cap. Follow us on X to get the latest news as it happens Robinhood Chain DEX Volume. Source: Dune One token that stands out among the new launches
The post BNB Chain Targets AI Trading With New High-Speed Layer 1 Blockchain appeared on BitcoinEthereumNews.com.
BNB Chain is building a high-speed Layer 1 to give AI trading agents near-instant onchain execution. The new network removes the public mempool to reduce front-running and speed up transaction processing. BNB Chain plans a 2027 mainnet while expanding DeFi, stablecoin activity, and ecosystem growth. BNB Chain is developing a new Layer 1 blockchain designed for AI-powered trading agents, as the network looks to make onchain trading faster and more competitive with centralized exchanges. The project is expected to enter testnet before the end of 2026, with a mainnet launch planned for early 2027. The new blockchain is designed to process more than 100,000 transactions per second, deliver transaction confirmation in under 50 milliseconds, and finalize blocks in less than a second. The upgrade aims to narrow the speed gap between decentralized and centralized trading platforms,
The post Morpho’s Robinhood Moment: DeFi Lending Hits Retail appeared on BitcoinEthereumNews.com.
Open the Robinhood app and tap Earn. You see an estimated ~7% on USDG, a dollar-pegged stablecoin, plus a line about insurance. It feels like a savings product, but it is very much onchain credit, routed through Morpho’s vault infrastructure. That is the shift. DeFi plumbing, retail skin. If Robinhood can make lending look familiar without hiding the rails, the ceiling on participation moves. And Morpho, a protocol that started life optimizing rates for lenders and borrowers, just landed in the retail home screen. On July 1, Robinhood said it is rolling out Robinhood Earn to eligible U.S. users. Customers can lend the USDG stablecoin onchain via a self-custody wallet at an estimated ~7% APY, with the underlying lending infrastructure powered by Morpho and insurance arranged through Lloyd’s of London and RELM Robinhood Newsroom (official). Morpho confirmed it will route deposits into Morpho
Sustained development in DeFi projects like Chainlink, DeepBook, and Lido signals robust innovation, crucial for long-term ecosystem growth.
The post Chainlink, DeepBook, Lido rank as top DeFi projects by development activity appeared first on Crypto Briefing.
The post Why Is Arbitrum Price Up Today? appeared on BitcoinEthereumNews.com.
The post Why Is Arbitrum Price Up Today? appeared first on Coinpedia Fintech News Arbitrum’s price surged more than 8% after Robinhood confirmed its new Layer-2 blockchain would be built using Arbitrum’s infrastructure.The announcement has reignited bullish sentiment around one of Ethereum’s largest Layer-2 networks. As momentum builds alongside the price rally, ARB’s price outlook is beginning to look fundamentally different. Why Is Arbitrum Price Rising Today? Unlike many … Source: https://coinpedia.org/price-analysis/why-is-arbitrum-price-up-today/
The post ‘CASHCAT’ trader turns $800 into over $1 million on Robinhood’s brand new blockchain appeared on BitcoinEthereumNews.com.
The whole thing stands on shaky ground, however. CASHCAT carries a market value of about $105 million against roughly $6.6 million of liquidity in its Uniswap pool, meaning it may not absorb even a fraction of the holders trying to leave at once. The token is down about 12% over 24 hours and roughly a quarter off the intraday peak near $145 million it touched on Wednesday, and sell volume has edged past buy volume, $29.1 million against $28.9 million, across more than 30,000 transactions from about 6,800 traders. Robinhood did not create the token. CASHCAT’s own website describes it as “fan fiction with a ticker,” a project built by outsiders around the cat-with-cash logo the company used in its earliest days before rebranding. The utility, the site says, “is cat.” Interestingly, on July 2, the day after the chain went live, Robinhood’s chief executive Vlad
The post Robinhood Chain DEX Volume Reaches Record $560 Million appeared on BitcoinEthereumNews.com.
The post Robinhood Chain DEX Volume Reaches Record $560 Million appeared first on Coinpedia Fintech News Robinhood Chain’s decentralized exchange recorded more than $560 million in daily trading volume on July 8, marking a new high, according to the source. Daily active addresses approached 200,000, including more than 140,000 first-time users. The network also saw nearly 16,000 new tokens launched in one day, with seven meme coins reaching market capitalizations above … Source: https://coinpedia.org/crypto-live-news/robinhood-chain-dex-volume-reaches-record-560-million/
The post Is Robinhood making the same ‘memecoin’ bet that made Solana a winner? appeared on BitcoinEthereumNews.com.
Robinhood CEO Vlad Tenev has sparked mixed community reactions after he pushed the newly launched Ethereum L2, Robinhood Chain, as a great option for memecoin activity. Initially positioned as focused on real-world assets (RWA) tokenization, his openness to trying memecoins was met with strong criticism and little support. While we’re building Robinhood Chain to be the best chain for RWA … it works great for memes too. Some venture capitalists in the sector slammed the move, questioning the viability of another Ethereum L2. Simon Dedic of Moonrock Capital retorted, Just another L2 that offers no real value over the existing ones is exactly what we were missing. But hey, you can trade memes on it too. Someone tell Vlad it’s not 2024 anymore. Some even drew comparisons to Coinbase CEO Brian Armstrong, whose centralized platform has been slow to list memecoins. However, f
