1 day ago
Robinhood Chain is seeing a crisp emergence successful speculative trading, with regular DEX measurement topping $560 cardinal and astir 16,000 caller tokens created successful 1 day. Pumpfun has added enactment for Robinhood tokens, widening entree for Solana-based traders without requiring bridging.
Key Takeaways
- Robinhood Chain topped $560M successful regular DEX measurement arsenic astir 16,000 caller tokens launched.
- Arbitrum earns 10% of Robinhood Chain fees, linking L2 maturation to ecosystem revenue.
- Pumpfun added Robinhood tokens, expanding Solana trader entree without bridging.
Arbitrum Stands to Gain arsenic Robinhood Chain Reaches 200,000 Active Addresses
Robinhood Chain is seeing a burst of onchain activity, with meme coin trading, caller token launches and cross-chain entree driving 1 of the astir progressive stretches since the network’s rollout.
Data shared by onchain researcher Defioasis showed that regular decentralized exchange volume connected Robinhood Chain has exceeded $560 million. Daily progressive addresses are approaching 200,000, with much than 140,000 of those classified arsenic first-time trading addresses.
The speculative question has besides accelerated token creation. Nearly 16,000 caller tokens were launched connected Robinhood Chain successful a azygous day, according to the data. Seven meme coins connected the web present person marketplace capitalizations supra $1 million.
The standout token is Cash Cat, which has crossed $100 cardinal successful marketplace capitalization, making it 1 of the clearest beneficiaries of the latest trading cycle.
Source: Defioasis/DuneArbitrum Stands to Benefit From L2 Activity
The surge has besides drawn attraction to Arbitrum’s relation successful the inheritance infrastructure.
Steven Goldfeder, co-founder of Offchain Labs and a contributor to Arbitrum, said endeavor adoption is heating up and that Arbitrum is positioned to seizure gross from that growth.
According to Goldfeder, 10% of fees collected connected Robinhood Chain and different Arbitrum layer-2 networks travel to the Arbitrum ecosystem. Of that, 8% goes to the tokenholder-controlled treasury and 2% funds development.
That gross divided is important due to the fact that Robinhood Chain enactment does not beryllium successful isolation. If trading volumes stay elevated, Arbitrum could payment from some ecosystem fees and greater validation of its exertion stack arsenic much user and enterprise-facing chains travel online.
For Arbitrum, the inclination points to a broader concern model: enactment specialized layer-2 networks portion capturing a information of their economical activity.
Source: Defioasis/DunePumpfun Opens Access to Robinhood Tokens
Pumpfun has besides moved to seizure the momentum.
The platform said Robinhood tokens are present disposable to commercialized connected the Pumpfun app. Users tin commercialized trending Robinhood Chain tokens without bridging and tin execute trades seamlessly utilizing SOL.
Pumpfun laminitis Alon said the app is expanding beyond its archetypal token ecosystem to screen cross-chain speculation. He said the level aims to enactment immoderate traders privation to trade, including Robinhood tokens.
The integration could bring Robinhood Chain tokens to a wider trader base, particularly users already progressive successful Solana meme coin markets. It besides shows however speculative liquidity is becoming progressively chain-agnostic, with trading apps competing to abstract distant bridges and web complexity.
For Robinhood Chain, the contiguous communicative is volume. The longer-term trial is whether the web tin crook a meme coin surge into sustained liquidity, recurring users and durable interest activity.
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