Robinhood Chain Week One - Reached Over $500M Volume
Robinhood Chain Week One - Reached Over $500M Volume One week in, Robinhood Chain looks nothing like the sober RWA venue it was pitched as - and that's exactly why the numbers exploded. Daily DEX volume hit $563M (roughly a third of Solana's spot volume), 141k new wallets arrived in a single day, and nearly 12,000 tokens launched in 24 hours after Pump.fun plugged in. The face of the frenzy is $CASHCAT, a memecoin referencing Robinhood's old mascot, up 1,300% in a day to a $137M cap. Vlad Tenev's response says it all: "the chain is built for RWA, but it works great for memes too." For farm…
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