web3 : Robinhood Chain Trading volume rises to $989 million
Watcher.Guru
09-02 13:08
Ai Focus
The daily DEX trading volume of Robinhood Chain has increased, along with the supply of TVL and stablecoins, leading to a rise in the enthusiasm for on-chain transactions.
Helpful
No.Help

Foreign media: The popularity of on-chain transactions on Robinhood Chain continued to rise at the end of August. On August 29th, the daily DEX transaction volume on this network reached $989 million, setting a new high; TVL also increased to $708 million, nearly doubling from a month ago. The supply of on-chain stablecoins also increased accordingly, rising by 47% month-on-month to approximately $770 million.

Both trading volume and capital accumulation are rising simultaneously.

In the past month, the growth of Robinhood Chain is no longer driven solely by a single coin. As mentioned in the original text, in July, on-chain transactions were mainly centered around CASHCAT and other memecoin; by August, projects such as PONS and LONG began to attract more funds, which contributed to a continued increase in the trading volume of DEX.

  • PONS The market value rose from 20 million US dollars to over 200 million US dollars within about a month.
  • LONG mainly revolves around the trading of memecoin tokenized stock pairs.
  • The supply of stablecoins on the blockchain has increased to approximately $770 million.

Stock pairing tokens bring new trading themes

It is also mentioned in the original text that AI ( Artificial Inu ) is one of the most closely watched stock pairing tokens at present, which is linked to the tokenization of NVDA. The market value of this token increased from $1.5 million on August 1st to $135 million on August 30th. The liquidity of the NVDA pool exceeded $3.3 million, which is also higher than that of its WETH pool.

More than just memecoin

The article argues that the growth of Robinhood Chain is shifting from a single memecoin craze to being driven by a combination of more launchpad projects and infrastructure developments. Projects such as Delta, UP, and NetNet also experienced tenfold increases this month, indicating that funds on the blockchain are beginning to distribute across more structured products.

Tip
$0
Like
0
Save
0
Views 556
WalletJYS reminds readers to view blockchain rationally, stay aware of risks, and beware of virtual token issuance and speculation. All content on this site represents market information or related viewpoints only and does not constitute any form of investment advice. If you find sensitive content, please click“Report”,and we will handle it promptly。
Submit
Comment 0
Hot
Latest
No comments yet. Be the first!
Related
Goldman Sachs interprets gold price falling below $4,000: Structural buying still exists, but it is more likely to continue to decline in the short term
Goldman Sachs stated that the recent decline in gold prices below $4,000 per ounce is mainly due to accelerated selling by "other" categories of accounts and non-reportable accounts, rather than being driven by hedge funds. Although central banks around the world continue to buy gold, the volume and speed of their purchases are not yet sufficient to counteract the selling pressure driven by liquidity. Goldman Sachs believes that positions have not been fully liquidated, and bearish sentiment in the options market is intensifying. $3,850 is seen as the next key support level, but there is still a possibility of further declines.
Wallstreetcn
·2026-11-02 09:42:03
11
CITIC Securities: Optimistic about a rebound in U.S. tech stocks after mid-term elections, with semiconductor hardware as the top pick
CITIC Securities research report states that entering the second half of 2026, U.S. tech markets have continued to fluctuate around high-frequency narratives, and the transmission of bond trends to stock prices has also contributed to short-term market volatility. The institution believes that the decline in semiconductor hardware since early October is still largely in line with the market trading logic since mid-June, but the pressure from macro liquidity and the uncertainty of mid-term elections has been more significant. As the main macroeconomic and industrial disruptions over the past 1 to 2 weeks gradually clear up, and as optimistic narratives regarding AI return on a temporary basis, CITIC Securities is optimistic about a rebound in U.S. tech markets after the mid-term elections and recommends focusing on semiconductor hardware as a primary investment direction.
The Block
·2026-11-02 08:51:20
25
FF EAI Robotics Ecosystem CEO YT Jia Weekly Investor Update: Reviewing the New York Listing and the First Investor Day, 351 Robot Devices Sold and Shipped in October, Setting a New Monthly Record
FF EAI Robotics Ecosystem Inc stated that the company has officially listed on the US stock market, with 351 units sold and shipped in October, setting a new monthly record; since the beginning of sales and deliveries at the end of February, the cumulative sales and shipments have reached 1,168 units, surpassing 1,000 for the first time. The company also mentioned that operations in the New York region have been launched, and they have begun recruiting partners.
PR Newswire
·2026-11-02 08:41:21
31
Chainlink, Near Protocol, Binance Coin and Bitcoin Price Analysis for November 2: Market Takes a Break
The article analyzes the recent trends of Chainlink, Near Protocol, Binance Coin and Bitcoin. LINK holds around $11 as support, NEAR is under short-term pressure but still has a healthy medium to long-term structure, BNB defends in the range of $690 to $700, while Bitcoin is testing the $76,000 support level.
U.Today
·2026-11-02 08:21:59
30
After Binance resumed withdrawals, there was a net outflow of $3.64 billion. The co-founder of THORChain opposes the freeze protocol requested by FBI.
After experiencing the largest hacker attack in its history, Binance has resumed withdrawals for 15 blockchain networks, stating that it has processed approximately $4.65 billion in withdrawals and received $1 billion in deposits. Meanwhile, the co-founder of THORChain opposes suspending the protocol to comply with the requirements of FBI; the report also mentions the freezing of stolen assets, price fluctuations in Bitcoin and Ethereum, as well as subsequent developments such as security warnings for Trezor hardware wallets.
Cointelegraph
·2026-11-02 08:02:59
34
View More