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CASHCAT memecoin jumps 120% as Robinhood Chain's total value locked hits $774M.

Protocol Fundamentals
06 Aug 2026
Coindesk
View Source
Bullish
pluang ai news

CASHCAT, a cat-themed memecoin on Robinhood Chain, surged 120% in a week, reaching about 8.7 cents with a market cap of $86 million. Despite falling from its mid-July peak of 22 cents, it remains the most liquid memecoin on the chain. Robinhood Chain's total value locked (TVL) rose 20% to $774 million, driven by lending and asset management protocols. Tokenized real-world assets on the chain grew to $100 million, showing ongoing interest despite a slowdown in new token launches. The key test will come after Robinhood stops covering gas fees in late September, when users will start paying transaction costs.

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