Robinhood has launched Robinhood Chain, a new Ethereum Layer 2 built on Arbitrum, designed for on-chain financial services and tokenized assets. Within a week of its July 1 public mainnet launch, projects like World.xyz migrated from Solana to Robinhood Chain, attracted by lower fees and access to Robinhood's large retail user base. Early partners include Uniswap and Pleiades, and the platform supports tokens representing major companies. This move signals increased competition for Solana in DeFi, with Robinhood leveraging its regulated broker status to offer regulatory clarity and broad distribution. Robinhood's stock rose over 8% following the announcement, reflecting market enthusiasm for DeFi innovation and stock tokenization.
Solana (SOL) is currently testing a critical support level at $78, which has been defended multiple times during its recent correction. If this support holds and SOL breaks above its descending trendline, it could first target $98 and potentially mov...
Solana's trading volume dropped to its lowest in 2026 at around $2.27 billion, while negative sentiment surged to its highest since November 2025. Despite frustration over the token's price lagging behind its ecosystem growth, a large number of long ...
Solana's market sentiment has hit its lowest point in 2026 while trading volumes dropped to yearly lows, signaling high uncertainty. A major resistance zone between $79 and $85, where 105 million SOL tokens were previously traded, is critical for the...
Wells Fargo significantly increased its holdings in Bitcoin and Ethereum ETFs, including a 125% rise in Strategy shares and a 65% boost in BlackRock's Ethereum ETF, while reducing stakes in some crypto stocks like Galaxy Digital and Coinbase. The ban...
Solana's price remains stable near $78 despite bearish market sentiment, supported by a surge in tokenized real-world assets (RWA) on its blockchain, which reached a record $3.62 billion. Institutional interest is growing with new derivatives product...
