Robinhood Chain Hits New Highs with $75B Trading Volume
Robinhood Chain's ecosystem has seen significant growth in recent weeks, according to data released by Robinhood Crypto. The network's cumulative trading volume has crossed $75B, marking a new high since its launch.
This milestone is notable, as it indicates steady use of decentralized exchanges built on the network. In comparison to other newer Layer 2 networks, this achievement suggests that Robinhood Chain is gaining traction in the market.
Stock tokens and tokenized asset markets are also experiencing growth on the platform. The stock-token product has reached a value locked of $172M, while the broader real-world asset market has a market cap of $165M with over 565,000 holders.