Polymarket · Circle · Apple · Bitcoin · CLARITY Act · Decrypt
Morning Minute: Robinhood Chain Explodes Onto the Crypto Scene
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Morning Minute is a daily newsletter written by Tyler Warner.
Key facts
- The Arbitrum-powered blockchain processed $568 million in trading volume on Wednesday and topped $350 million more by Thursday, with over 5.2 million transactions and 213,000 active addresses in 24
- One trader even turned $800 into over $1 million and another who parlayed $85 into $2 million
- Its total value locked (TVL) exploded more than 7,000,000% over the week off a near-zero base to roughly $94 million, with stablecoin balances climbing past $260 million
- On DefiLlama, Robinhood Chain’s 24-hour DEX volume of around $433 million now ranks fifth among all blockchains, ahead of Hyperliquid
Summary
A new draft of the Clarity Act could come next week as clock ticks. Robinhood Chain memes explode as Cashcat jumps 80%, several others up 200%+. Robinhood Chain Explodes Out of the Gate, Flipping Hyperliquid and Lifting Arbitrum. One week after launch, Robinhood Chain has already become one of the busiest networks in crypto.