The post Robinhood Chain Flips Hyperliquid in DEX Volume amid RWA, DeFi, CASHCAT Buzz appeared on BitcoinEthereumNews.com.
Robinhood Chain overtook Hyperliquid in 24-hour decentralized exchange (DEX) volume, processing more than $560 million over the past 24 hours. Robinhood Chain is a permissionless, AI-native Layer 2 blockchain built for financial services and real-world assets (RWA), but it’s in the buzz for meme coins, including Cash Cat. CASHCAT price has skyrocketed by almost 60%. Robinhood Chain Overtakes Hyperliquid in 24-hour DEX Volume According to DefiLlama data, Robinhood Chain recorded almost $433 million in 24-hour DEX volume. The newly launched Ethereum Layer-2 blockchain has now flipped popular Hyperliquid. Robinhood Chain has climbed to fifth place based on the DEX volume by Chain metric, with almost $900 million in 7-day DEX volume. Meanwhile, Hyperliquid saw $296 million in 24-hour DEX volume, with $656.28 in total DEX volume in the past 7 days. Robinhood Chain 24-ho
The post Arbitrum (ARB) Token Soars 19% on Robinhood Chain’s Record-Breaking Trading Volume appeared on BitcoinEthereumNews.com.
Key Highlights The ARB token climbed 19% within a 24-hour period, leading all top 100 digital assets Robinhood’s new blockchain, powered by Arbitrum technology, recorded $568 million in trading activity A revenue-sharing model returns 10% of Robinhood Chain’s net protocol earnings to Arbitrum Memecoin speculation accounted for significant volume, while stablecoin deposits exceeded $260 million Crypto strategist Michaël van de Poppe identified bullish technical signals across ARB trading pairs Arbitrum’s native ARB token experienced a remarkable 19% surge over 24 hours on July 9, claiming the position as the strongest performer within the top 100 cryptocurrency rankings. This upward momentum was fueled by impressive early metrics from Robinhood Chain, which completed its first week of public operation. Arbitrum (ARB) Price Robinhood Chain operates on Arbitrum’
The post Robinhood Chain Flips Hyperliquid in DEX Volume—Here’s What Really Powered the Surge appeared on BitcoinEthereumNews.com.
The post Robinhood Chain Flips Hyperliquid in DEX Volume—Here’s What Really Powered the Surge appeared first on Coinpedia Fintech News Just one week after its mainnet launch, the Ethereum Layer-2 network, Robinhood Chain, surpassed $1 billion in cumulative decentralized exchange (DEX) volume, briefly overtaking Hyperliquid in daily trading activity. Alongside the volume milestone, the chain has attracted nearly 350,000 wallet addresses, processed over 17 million transactions, and amassed around $234 million in total value locked … Source: https://coinpedia.org/price-analysis/robinhood-chain-flips-hyperliquid-in-dex-volume-heres-what-really-powered-the-surge/
The post Robinhood Chain Fuels Ethereum Demand With Early Growth appeared on BitcoinEthereumNews.com.
TLDR: ETH latest news shows Robinhood Chain attracted over $70 million in bridged ETH within its first week, adding fresh demand signals for Ethereum. Robinhood Chain reached around 194,000 daily active users and more than $80 million in TVL as early liquidity moved into the new network. DEX volume briefly topped $560 million after CASHCAT trading accelerated, showing how memecoin activity pushed the RWA-focused chain into focus. Arbitrum also gains from the launch, as 10% of Robinhood Chain protocol net revenue flows back to the wider ecosystem under AEP. Robinhood Chain is turning into a fresh Ethereum growth story just one week after launch. In this latest ETH news update, the network has attracted over $70 million in bridged ETH. Token Terminal reported the figure after the chain’s debut week. The Arbitrum-based Ethereum Layer 2 uses ETH as its native gas token and supports tokeni
The post Robinhood’s Innovative Blockchain Sees Early Success with Substantial ETH Transfers appeared on BitcoinEthereumNews.com.
Robinhood’s ambitious launch of its own Layer 2 blockchain, named Robinhood Chain, has swiftly attracted significant attention and investment. Within its first week, the platform witnessed the transfer of more than $70 million worth of Ether, indicating robust initial interest and participation. Continue Reading:Robinhood’s Innovative Blockchain Sees Early Success with Substantial ETH Transfers Source: https://en.bitcoinhaber.net/robinhoods-innovative-blockchain-sees-early-success-with-substantial-eth-transfers
The post Robinhood Chain surpasses $70M in bridged Ether after launch appeared on BitcoinEthereumNews.com.
Robinhood Chain has attracted more than $70 million worth of bridged Ether within its first week, strengthening Ethereum’s role as the settlement layer behind the brokerage’s new tokenized finance network. Summary Robinhood Chain has attracted more than $70 million in bridged Ether within its first week after launch. Daily Uniswap trading volume has reached $500 million while total value locked has climbed above $106 million, supported by institutional liquidity. Token Terminal said continued adoption of Robinhood Chain could create a meaningful new source of demand for Ether. Data from Token Terminal showed the Arbitrum-based layer-2 network crossed the milestone after launching on July 1, with the analytics platform saying continued adoption could make the chain “a meaningful new source of demand for ETH.” ETH bridged from @ethereum (L1) to Robinhood Chain (L2) is up by ~70x in
Robinhood Chain has attracted more than $70 million worth of bridged Ether within its first week, strengthening Ethereum’s role as the settlement layer behind the brokerage’s new tokenized finance network. Data from Token Terminal showed the Arbitrum-based layer-2 network crossed…
The post Robinhood Chain sees over $70M in ETH bridged during first week appeared on BitcoinEthereumNews.com.
Robinhood’s choice to use Ethereum further solidifies its position as the “ultimate settlement layer and liquidity foundation for tokenized assets,” said HashKey Group’s Tim Sun. The amount of Ether bridged to Robinhood’s new layer-2 blockchain exceeded $70 million in just the first week, according to Token Terminal. Robinhood Chain, an EVM-compatible Arbitrum-based layer-2 network that uses ETH as its native gas token, launched on July 1 with the company describing it as “AI-native and purpose-built for real-world assets.” “If adoption continues, the chain could become a meaningful new source of demand for ETH,” said Token Terminal on Thursday. Read more Source: https://cointelegraph.com/news/robinhood-chain-sees-over-70m-in-eth-bridged-during-first-week?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound
Robinhood’s choice to use Ethereum further solidifies its position as the “ultimate settlement layer and liquidity foundation for tokenized assets,” said HashKey Group’s Tim Sun.
