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Arbitrum's ARB token jumps 19% as Robinhood's new blockchain hits $568M daily trading volume.

Market News
09 Jul 2026
Coindesk
View Source
Bullish
pluang ai news

Arbitrum's native token ARB surged 19% following a trading surge on Robinhood's new blockchain, which processed $568 million in daily volume. Built on Arbitrum's technology, Robinhood Chain returns 10% of its net protocol revenue to Arbitrum's ecosystem, boosting its value. The chain's early success, driven by memecoin trading and stablecoin growth, has exceeded revenue expectations and could become a significant income source for Robinhood as it expands into DeFi and other onchain assets.

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