Ok guys, I downloaded Robinhood Wallet last week. Started dabbling with some onchain tokens and fast forward to today, Vlad is actively pumping their new onchain platform declaring it today “Robinhood Summer”. 1 token has already exploded to 130m mc and others are going straight up in a straight line with volume continuing to increase.
I’m not here to pump anything or tell anyone what to do, but wouldn’t it be retarded not to think Robinhood Chain goes stupid and gives crypto an alt season again?
Robinhood dwarfs Coinbase as far as assets held ($400B) and active users (27m). If even 10% decides to go onchain, that’s a huge capture and liquidity injection into robinhood chain.
Right now it’s early enough to capture upside momentum just like in chains of the past (Solana) except Robinhood already has the users, and being able to go from trading options during the week to trading memecoins on weekends seamlessly while markets are closed seems like an incredibly easy on-ramp and frictionless which should turn into explosive growth.
As of today there has been 150,000 new wallets in the past 24 hours, and robinhood dex trading volume hit $500m and is currently #4 dex in 24 hour volume in crypto.
I decided to run some numbers on Claude for Robinhood vs Solana which is where the memecoin frenzy went crazy in 2024, and honestly, I think Robinhood onchain has the potential to dwarf that alt season.
Anyways, just talking off the top of my head and I plan to continue getting exposure and seeing what happens with this. Would love to hear if anyone else is also dabbling on RH onchain and their thoughts, or if I’m just stupid and rtrded?