According to Token Terminal, the amount of Ether bridged to Robinhood’s new layer 2 blockchain exceeded $70 million in the first week alone.
Robinhood Chain is an EVM-compatible Arbitrum-based layer 2 network. $ETH As a native gas token, Released on July 1st The company describes it as “AI-native and purpose-built for real-world assets.”
“If hiring continues, this chain could become a meaningful new source of demand. $ETH,” said Token terminal on Thursday.
Robinhood also offers tokenized stocks to customers in over 120 countries. Rapidly increasing demand For tokenized US stocks. Ethereum and its Layer 2 Scaling Network is a popular choice for tokenized real-world assets (RWA) with over 50% market share, according to RWA.xyz, and this move could further solidify that position.
Turn liquidity into economic activity
“The Robinhood Chain is rapidly turning liquidity into economic activity.” said Token terminals are described in another post about X.
The Robinhood chain announced that daily active users have reached 194,000, and daily revenue has increased to $39,000 in the chain’s first week, which equates to an annual revenue run rate of $14 million.
DefiLlama, a decentralized financial data platform, has similar numbers. showing The total value locked on the Robinhood chain is 46,748 $ETHworth approximately $83 million at current market value. Thursday’s influx alone brought the total to 31,855. $ETHor about $55 million.
Uniswap founder Hayden Adams said Most of what happens on the Robinhood chain is on Fridays. $ETH– Name.
“This is the base pair for trading, the largest amount of assets, and the gas token used to pay for block space. It also burns.” $ETH We use L1 to pay data storage charges,” he added.
$ETH The amount of bridge with Robinhood chain exceeded $70 million. Source: Token Terminal
Andri Fauzan Adziima, research director at Bitrue Research Institute, told Cointelegraph that this is “very bullish” and that the early volume “validates the L2 flywheel” as a “meaningful new demand sink.”
“By using $ETH As the native gas token of this fast Arbitrum L2, every transaction I track creates direct recurring demand while locking capital and onboarding Robinhood’s huge user base. ”
Related: L1 faces decentralization ‘tug of war’ as adoption increases: Injective CEO
Tim Sun, senior research fellow at HashKey Group, said this is “obviously a structural positive.” $ETH”
“For Ethereum, the most immediate benefit is that the Robinhood chain $ETH “As bridged assets, wallet addresses and on-chain transactions grow, there is new demand for gas,” he said. $ETH will be generated. ”
“But the deeper meaning goes beyond gas consumption and lies in Robinhood’s choice to build its own on-chain financial ecosystem within the Ethereum network. This further solidifies Ethereum mainnet’s position as the ultimate settlement layer and liquidity foundation for tokenized assets.”
Bulls argue that Ethereum’s long-term growth theory is due to network upgrades such as RWA tokenization, agent-based AI payments, institutional adoption, and Gramsterdam, expected by the end of 2026, which will increase layer 1 capacity.
$ETH Prices rose to $1,775 on Friday, but remain at multi-year bear market lows, down 64% from their peak in August 2025.
Features: Blockchain’s biggest upgrade is scheduled for 2026
