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Reading: Robinhood Chain sees over $70M in ETH bridged during first week
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Mycryptopot > News > Crypto > Blockchain > Robinhood Chain sees over $70M in ETH bridged during first week
Blockchain

Robinhood Chain sees over $70M in ETH bridged during first week

July 10, 2026 4 Min Read
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The quantity of Ether bridged to Robinhood’s new layer-2 blockchain exceeded $70 million in simply the primary week, based on Token Terminal.

Robinhood Chain, an EVM-compatible Arbitrum-based layer-2 community that makes use of $ETH as its native fuel token, launched on July 1 with the corporate describing it as “AI-native and purpose-built for real-world property.”

“If adoption continues, the chain might turn into a significant new supply of demand for $ETH,” stated Token Terminal on Thursday.

Robinhood has additionally supplied tokenized shares to prospects in additional than 120 nations, responding to a surging demand for tokenized US equities. Ethereum and its layer-2 scaling networks have been a preferred selection for tokenized real-world property (RWA) with greater than 50% market share, based on RWA.xyz, and this transfer might cement that place even additional.

Turning liquidity into financial exercise

“Robinhood Chain is quickly turning liquidity into financial exercise,” stated Token Terminal in a separate put up on X.

Robinhood Chain’s each day energetic customers reached 194,000 whereas each day income has grown to $39,000, equal to a $14 million annualized income run fee, throughout the chain’s first week, it stated.

DefiLlama, a decentralized finance information platform, reveals comparable figures, displaying Robinhood Chain has a complete worth locked of 46,748 $ETH, price round $83 million at present market costs. Thursday’s inflows alone totaled 31,855 $ETH, or round $55 million.

Uniswap founder Hayden Adams stated Friday that the majority of what’s occurring on the Robinhood Chain is $ETH-denominated.

“It is the bottom pair for buying and selling, the best quantity asset, and the fuel token to pay for blockspace. It additionally burns $ETH on L1 to pay information storage charges,” he added.

$ETH bridged to Robinhood Chain tops $70 million. Supply: Token Terminal

Andri Fauzan Adziima, analysis lead at Bitrue Analysis Institute, informed Cointelegraph that it was “strongly bullish” and early quantity “validates the L2 flywheel,” as a “significant new demand sink.”

“By utilizing $ETH because the native fuel token on this high-velocity Arbitrum L2, each transaction I monitor creates direct, recurring demand whereas locking capital and onboarding Robinhood’s large consumer base.”

Associated: L1s face decentralization ‘tug-of-war’ as adoption grows: Injective CEO

Tim Solar, HashKey Group senior researcher, stated it was “a transparent, structural optimistic for $ETH.”

“For Ethereum, essentially the most direct profit is that Robinhood Chain makes use of $ETH for fuel,” he stated. “As bridged property, pockets addresses, and on-chain transactions develop, new demand for $ETH is generated.”

“Nevertheless, the deeper significance lies not simply in how a lot fuel is consumed, however in Robinhood’s option to construct its personal on-chain monetary ecosystem throughout the Ethereum community. This additional solidifies the Ethereum mainnet’s place as the last word settlement layer and liquidity basis for tokenized property.”

Bulls argue Ethereum’s long-term progress thesis comes from RWA tokenization, agentic AI funds, institutional adoption and community upgrades, reminiscent of Glamsterdam, anticipated earlier than the tip of 2026, which is anticipated to extend layer 1 capability.

$ETH costs ticked up on Friday to succeed in $1,775 however stay at multi-year bear market lows, down 64% from their August 2025 peak.

Options: The largest blockchain upgrades nonetheless to return in 2026

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Reading: Robinhood Chain sees over $70M in ETH bridged during first week
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