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Ethereum surges 66% in Q3 2026 as DeFi and meme coins on Robinhood Chain drive demand

Market News
06 Sep 2026
Crypto Briefing
View Source
Bullish
Ethereum surges 66% in Q3 2026 as DeFi and meme coins on Robinhood Chain drive demand

Ethereum experienced a strong rally in Q3 2026, rising about 66%, fueled by over $10 billion in ETF inflows, $15 billion in corporate ETH purchases, and a revival in DeFi activity. Robinhood Chain, an Ethereum Layer-2 network launched in July 2026, unexpectedly saw meme coins dominate its trading volume, with its flagship token CASHCAT reaching a market cap of around $220 million. This surge in meme coin interest on Robinhood Chain highlights growing retail investor enthusiasm, contributing to Ethereum's broader momentum alongside Bitcoin's rise. The DeFi sector's total value locked hit approximately $88 billion, signaling robust activity and potential for continued growth.

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