Robinwood Chain went online for two weeks with $135 million in TVL, and the Meme currency deal went far beyond RWA

On July 13, Robinhood launched the Ether 2 network on July 1, less than two weeks after it went online, the value of the total warehouse (TVL) has increased to about $135 million, the cumulative active address is close to 800,000, and the number of single-day transactions is 3.6 million, one of the most active new public chains in the encrypted market. However, there is a clear deviation between the actual use of the chain and its position as a “currencyized stock”. The current value of a monetized real-world asset (RWA) in the chain is only about US$ 12.8 million, of which a monetized stock is about US$ 10.6 million, while the Meme CASHAT, named after the former mascot of Robinhood, rose by 2158 per cent on seven days, reaching a market value of $156 million, far above the RWA scale of the chain and generating a series of Robinhood concepts and Meme coins. According to the data, the market value of the current stable currency of Robinhod Chain is about $299 million, of which Robinhod ' s USSDG, which is involved in distribution, is about $200 million. Robinhood CEO Vlad Tenev has previously stated that the long-term goal of the company remains to build the RWA infrastructure, but has also acknowledged that "the chain is also very well suited to Meme currency trading"。