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Robinhood Chain attracts $70M bridged ETH and 194K users in its first week, boosting Ethereum demand.

Protocol Fundamentals
10 Jul 2026
Blockonomi
View Source
Bullish
pluang ai news

Robinhood Chain, an Arbitrum-based Ethereum Layer 2 network, has quickly gained traction by attracting over $70 million in bridged ETH and reaching around 194,000 daily active users within its first week. The platform supports tokenized real-world assets and uses ETH as its native gas token, contributing to over $80 million in total value locked. While initial trading volume surged due to memecoin activity, particularly the CASHCAT token, the chain aims to expand tokenized stock and real-world asset access globally. The launch also benefits the wider Arbitrum ecosystem through revenue sharing, highlighting Robinhood Chain as a new growth driver for Ethereum. The key test ahead is whether real-world asset demand can sustain activity beyond the early speculative surge.

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