Robinhood Layer 2 Surpasses $1.46 Billion in TVL with Unprecedented Growth
Roger Ver and other prominent figures have been touting the benefits of using a hardware wallet to store cryptocurrency. But one thing is clear, a hardware wallet can be an expensive proposition for those looking to secure their digital assets.
Robinhood's Layer 2 has experienced unprecedented growth in recent weeks, with its total value locked (TVL) surpassing $1.46 billion in under two months without any significant dips. This milestone marks the fastest-growing blockchain launch this year, outpacing all other chains launched in 2026.
The chain's success can be attributed to its unique approach, which focuses on converting an existing brokerage audience into on-chain activity rather than relying on token incentives or liquidity mining rewards. The bridge data also confirms that growth is accelerating, with a 38.6% weekly increase in bridge value reaching a new all-time high of $439.7 million.
The ecosystem-level numbers explain why the broadening is happening, with Robinhood expanding its agentic trading capabilities directly into crypto and crossing $1 billion in total value locked last week. The token leaderboard has been heating up noticeably, with multiple tokens posting double-digit gains over a 24-hour window and some crossing past 30%.