Robinhood was supposed to be dead
Nobody liked Robinhood when it launched. Crypto Guys called it Robbinghood, dragged it over GameStop, crypto restrictions, regulatory issues and a long list of controversies.
Yet look at what Robinhood is doing now.
Robinhood Chain launched on July 1 and quickly became one of the busiest new chains in crypto.
DEX volume reached billions of dollars, with the chain even overtaking Hyperliquid in daily DEX volume shortly after launch.
The chain was built around tokenized stocks and RWAs.
Bur crypto immediately turned it into a memecoin casino.
Memecoins accounted for around 79% of Robinhood Chain DEX volume in late July, while tokenized stocks are now starting to pick up too.
Robinhood didn't just bring another chain to crypto.
It brought millions of mainstream users into an onchain environment and somehow helped breathe life back into narratives like memecoins and NFTs that people had basically written off.
Not at 2021 levels
But crypto has a funny habit of declaring things dead right before they come back.
$HOOD #Robinhood #memecoins
Nobody liked Robinhood when it launched. Crypto Guys called it Robbinghood, dragged it over GameStop, crypto restrictions, regulatory issues and a long list of controversies.
Yet look at what Robinhood is doing now.
Robinhood Chain launched on July 1 and quickly became one of the busiest new chains in crypto.
DEX volume reached billions of dollars, with the chain even overtaking Hyperliquid in daily DEX volume shortly after launch.
The chain was built around tokenized stocks and RWAs.
Bur crypto immediately turned it into a memecoin casino.
Memecoins accounted for around 79% of Robinhood Chain DEX volume in late July, while tokenized stocks are now starting to pick up too.
Robinhood didn't just bring another chain to crypto.
It brought millions of mainstream users into an onchain environment and somehow helped breathe life back into narratives like memecoins and NFTs that people had basically written off.
Not at 2021 levels
But crypto has a funny habit of declaring things dead right before they come back.
$HOOD #Robinhood #memecoins