Investment
Features
FeesSafety
Academy
More
Pluang+

Ethereum rises 8% in a month; Arbitrum surges 135% fueled by Robinhood Chain launch.

Market News
24 Sep 2026
24/7 Wall Street
View Source
Bullish
Ethereum rises 8% in a month; Arbitrum surges 135% fueled by Robinhood Chain launch.

Arbitrum's token (ARB) surged 135% in a month, far outpacing Ethereum's 8% rise, largely due to the Robinhood Chain, which launched on Arbitrum's technology in July 2026. Robinhood Chain generated massive trading volume and revenue, briefly becoming the top-earning blockchain, driving ARB's price jump. However, ARB holders only benefit indirectly from Robinhood Chain's fees, which go to the Arbitrum DAO treasury, not directly to token holders. The rally's sustainability depends on continued high revenue from Robinhood Chain, which currently sees significant speculative trading activity.

Robinhood Markets, Inc. (HOOD) trades at USD 121.19 with a market cap of $110.32 billion on Pluang as of Sep 24, 2026 21:53 WIB, showing a 1.23% decline in the last day. This trading activity contrasts with the surge in Arbitrum's token (ARB), which soared 135% in a month, partly driven by the Robinhood Chain's launch on Arbitrum's technology. Despite the impressive ARB rally, Pluang data shows that HOOD's order activity leans heavily towards selling, with 67% of orders as sell and only 33% as buy, reflecting mixed investor sentiment around the Robinhood-related developments.

More News (HOOD)

Webull stock falls 6% despite strong earnings amid insider sales and market jitters

Webull stock falls 6% despite strong earnings amid insider sales and market jitters

Webull's stock dropped 6% due to ongoing insider sales and market concerns, even after reporting strong Q2 revenue growth of 51% and increased trading activity. The selling pressure also affected Robinhood and Interactive Brokers, which fell 2% each....

Market News
Bearish
6 hours ago
DraftKings stock falls 4% as plans to increase spending on prediction markets raise margin concerns.

DraftKings stock falls 4% as plans to increase spending on prediction markets raise margin concerns.

DraftKings shares dropped 4% after CEO Jason Robins revealed plans to boost spending on its growing prediction-markets business, potentially pulling forward marketing investments originally planned for next year. This increased spending, amid uncerta...

Market News
Bearish
1 day ago
Meta's AI launch shakes brokerage stocks; Schwab falls, Robinhood rises amid AI-driven competition fears.

Meta's AI launch shakes brokerage stocks; Schwab falls, Robinhood rises amid AI-driven competition fears.

Meta's introduction of its AI product Muse has triggered a sharp market reaction, with Charles Schwab's shares dropping over 8% since the announcement, hitting lows not seen since July. Meanwhile, Robinhood's stock climbed to a year-to-date high, sup...

Market News
Bearish
1 day ago
Robinhood poised for 20%+ revenue growth by 2027 amid crypto market recovery

Robinhood poised for 20%+ revenue growth by 2027 amid crypto market recovery

Robinhood is expected to see over 20% revenue growth by 2027, driven by a revival in crypto transactions and solid business momentum. The company trades at about 35 times forward free cash flow, with projected free cash flow of $3.1 billion in 2027, ...

Analyst Insights
Bullish
2 days ago
Robinhood CEO predicts Trump Accounts could become the top U.S. long-term savings tool within a decade.

Robinhood CEO predicts Trump Accounts could become the top U.S. long-term savings tool within a decade.

Robinhood CEO Vlad Tenev forecasts that Trump Accounts, a federal child-savings program starting in 2025 with $1,000 seed money per child, could become the largest long-term savings and investment vehicle in the U.S. within ten years. The program all...

Market News
Bullish
3 days ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App