DeFi researcher Ignas said the hype around Robinhood ecosystem stock meme coins is weakening, and Robinhood Chain tokenized stock TVL has been flat for two consecutive weeks. According to ChainCatcher, he added that the number of burned stocks has exceeded the number issued.

Ignas said that if trading volume slows further, lower yields could weaken holding demand, increase selling pressure, and prompt liquidity providers to exit, further tightening liquidity. He said he has already exited his stock meme coin LP position because yields have fallen sharply, and he believes the market needs a new catalyst to revive the trend. He also noted that tokenized stocks on Solana appear to still be rising and suggested that capital flowing from Robinhood to Solana may be a more durable trend.