Circle · Ethereum · Bitcoin · CoinDesk
<<<<<<< HEADRobinhood Chain (Arbitrum-based L2) shipped its public mainnet on July 1
=======Robinhood Chain (Arbitrum-based L2) released its public mainnet on July 1
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Key facts
- Robinhood Chain (Arbitrum-based L2) launched its public mainnet on July 1, and is currently doing roughly $690 million in average daily DEX+aggregator volume over the trailing 7 days, having peaked
- CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B
- Since the start of 2026, ether and SOL have exhibited volatility approximately 35% and 44% higher than bitcoin, respectively
- Robinhood Chain’s $690M/day DEX debut is 99.5% Uniswap
Summary
You're reading Crypto Long & Short, their weekly newsletter featuring insights, news and analysis for the professional investor. Welcome to their institutional newsletter, Crypto Long & Short. As the crypto market expands, solana has historically been a better portfolio diversifier than ether, despite volatility, writes Denny Galindo. “Robinhood Chain’s $690M/day DEX debut is 99.5% Uniswap” in Chart of the Week. To ETH or not to ETH, is SOL the better diversifier?