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Pump.fun enables SOL-based trading on Robinhood Chain; CASHCAT memecoin jumps 900% in a week

Market News
08 Jul 2026
Crypto Briefing
View Source
Bullish
pluang ai news

Pump.fun, a Solana-based memecoin launchpad, now routes trades directly to Robinhood Chain, an Arbitrum Layer 2, allowing users to trade using SOL without bridging or managing gas fees. This seamless cross-chain integration has driven the memecoin CASHCAT to surge about 900% in a week, pushing its market cap over $100 million. Robinhood Chain, initially focused on real-world assets and DeFi, is gaining traction with speculative memecoin trading, though its long-term success depends on attracting sustained users beyond short-term speculation. Pump.fun's model simplifies multi-chain trading and could expand access as it integrates more chains.

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