Robinhood Chain Aims to Bring 27M Users to Ethereum

Tom Lee, chairman of Bitmine and co-founder of Fundstrat, believes Robinhood Chain could become one of the biggest crypto success stories in 2026. The Ethereum Layer 2 network has seen strong early activity since its July 1 launch, with nearly $9 billion in cumulative decentralized exchange volume within three weeks.

The platform uses ETH for transaction fees and settles activity on the Ethereum mainnet. Lee argues that Robinhood Chain's reach could take blockchain activity beyond crypto-native users and into mainstream financial markets.

With over 27 million funded customers, Robinhood has a massive addressable market. According to Lee, 'everyday users are starting to see ETH as money' due to the platform's use of ETH for transaction fees.