News linked to both this project and an event.
Odaily News, DeFi researcher Ignas posted on X platform stating that the market appears to be showing signs of some on-chain funds rotating from the Robinhood ecosystem to Solana. Over the past 24 hours, tokens related to trading infrastructure in the Solana ecosystem have performed strongly, with RAY up 60%, JUP up 21%, ORCA up 12%, and MET up 13%. Additionally, cross-chain data shows that bridged funds on Solana have increased by approximately $18.8 million, while Robinhood Chain has decreased by approximately $47.8 million.Ignas believes that although the current bridge volume remains relatively small compared to the overall TVL, some traders may be taking profits on Robinhood ecosystem Meme coins and pivoting to buying trading infrastructure tokens on Solana to bet on a similar market trend.
Odaily News - Trader BonkGuy posted on X platform, stating that Robinhood Chain has previously seen multiple high-market-cap projects such as PONS, CASHCAT, and AI, with over a dozen projects surging to the $10 million to $100 million range.BonkGuy believes that market attention is further shifting toward BNB Chain, and MARSCOIN has already taken the lead in the BNB Meme/stock narrative. He noted that Binance has approximately 320 million users, and MARSCOIN has already been listed on Binance spot and perpetual contracts. Meanwhile, trading entry points such as fomo have lowered the barrier for Western users to participate in BNB Chain Meme trading. In addition, SAFEMOON, which was also born on BNB Chain two cycles ago, once reached a market cap of $17 billion, which can serve as a reference for the potential scale of BNB Meme when it truly takes off.
Odaily News – In response to today's "AMC CEO questions Robinhood over stock tokenization controversy," Backpack CEO Armani Ferrante posted on X, stating that he is a maximalist on tokenization but agrees that Aron's core concerns carry substantive weight: Robinhood's Stock Tokens are debt securities, not 100% backed by the underlying stocks. The funds used to purchase these tokens do not all flow into the actual stock market; instead, through an authorized participant redemption mechanism and partial cash/eligible financial instrument collateral, value leaks to intermediaries, which may lead to divergence between on-chain prices and the underlying shares. He noted in his remarks: "For every $1 a user spends on Robinhood's stock tokens to buy the corresponding stock, less than $1 actually flows into the real stock market."He also pointed out that proper tokenization should be strictly aligned with the stock market, achieving 1:1 stock backing, direct linkage to real market trading, and granting users full shareholder rights, thereby bringing more international capital inflows to listed companies. He also acknowledged that Robinhood Chain is one of the most exciting ecosystems in the crypto space recently, urging the industry to get tokenization right as it iterates.
Odaily News: According to the position information shared by trader LaserCat397, they hold MARSCOIN on BSC, currently showing unrealized profits of approximately $768,300, with a return rate of about 407.6%. Additionally, they hold the Meme coin MEME (A Meme Coin) on Robinhood Chain, with an initial investment of approximately $14,900. The current position value is around $368,300, yielding unrealized profits of roughly $353,400, representing a return rate of about 2367%.The two trades currently total approximately $1.12 million in combined unrealized profits.
Odaily News Trader BonkGuy (Unipcs) has posted again, stating that the market is not yet ready for the upcoming "BNB Season" and believes that the BNB Chain rally is about to begin.BonkGuy stated that he had previously flagged the Robinhood Chain opportunity for several consecutive weeks, and the subsequent rally validated his call. He believes a similar trend may now unfold on BNB Chain.
Trader BonkGuy (Unipcs) stated that he is monitoring trading opportunities across four chains — Robinhood Chain, Solana, BNB Chain, and Base — and described them as "the multi-chain Kingmaker trading portfolio that opens this cycle."BonkGuy noted that over the past week, the market has primarily focused on Robinhood Chain, but he expects Solana, BNB Chain, and Base to gradually become market focal points in the near future.
Odaily Odaily News Trader Bonkguy (unipcs) posted on platform X, stating that for those who missed the recent moves on Robinhood and BNB Chain, these movements may only be a warm-up. This typically occurs in the early stages of a new bull market cycle, or right before the market is about to accelerate. The real trend may begin in the fourth quarter, and when compared to it, the recent movements may only appear as minor fluctuations.Many people missed recent opportunities because they are still affected by their bear market experiences. The defensive habits that protected investors during the bear market may hinder their ability to profit during a bull market. The key lies in recognizing changes in the market environment and adjusting one's mental framework accordingly. Pullbacks will certainly occur as the market develops, but in a genuine bull market, pullbacks are often opportunities to accumulate positions in high-conviction assets. Market volatility may intensify further, and future conditions may exceed what most people expect. Ultimately, those who profit the most may not be the ones trying to predict every single move in the coming days, but rather those who identify the market's direction, position themselves early, and give their judgment enough time to play out.
According to on-chain analytics platform Lookonchain (@lookonchain), the supply of USDT on the Tron blockchain has increased by $4 billion over the past month, reaching $94.27 billion and officially surpassing the total USDT supply on Ethereum, making Tron the public blockchain with the largest circulating USDT supply.
Odaily News – Just two months after its launch, Robinhood Chain has seen cumulative transaction fees rise to $13.05 million, setting a new all-time high. Based on the annualized average of the last 30 days of fee revenue, the annualized revenue scale stands at approximately $110 million. At current cumulative revenue levels, roughly $1.3 million will flow directly to the Arbitrum ecosystem. Under the cooperation licensing agreement between the two parties, Robinhood Chain is required to return 10% of its protocol net revenue to the Arbitrum ecosystem, with 8% going to the Arbitrum DAO treasury and 2% to the Arbitrum Developer Guild.
According to On-Chain Lens monitoring, as of early today, an institution has gradually deposited 109,806 ETH into centralized exchanges over the past three days, valued at approximately $266 million, at an average price of $2,430. The address associated with this institution currently holds 58,048 ETH, worth approximately $140 million. If sold off entirely, the total sell volume would reach 167,854 ETH, valued at roughly $406 million. Based on an initial entry cost of around $1,700 two years ago, the projected profit stands at approximately $122 million.
According to data from crypto analyst Adam, the 24-hour DEX trading volume on Robinhood Chain surpassed $900 million for the first time; Meme token launchpads recorded $438 million in trading volume yesterday, hitting an all-time high; and RWA trading volume surpassed $200 million for the first time.
Binance announced that due to a hack on BounceBit and the project team's decision to permanently shut down the chain, Binance will stop supporting the BounceBit (BB) mainnet. Binance has suspended deposits and withdrawals of BB on the BounceBit mainnet as of 10:00 (UTC+8) on August 20, 2026, and will reopen deposits and withdrawals via the BNB Smart Chain (BEP20) network starting at 15:00 on September 1, 2026. BB will be migrated from the original mainnet to the BNB Smart Chain at a 1:1 ratio. During the migration, spot, margin, futures, and Earn services will remain unaffected.
Odaily News: On-chain analyst Tom Wan stated on platform X that the total market capitalization of Robinhood stock tokens has reached $50 million, and the number of holders with positions valued over $1 has doubled since the beginning of the month. Additionally, the integration of Robinhood Chain stock tokens with DeFi continues to expand, now connected to DEXs such as Uniswap, Arcus, Deepstate, and Rialto, as well as Lighter perpetual contracts and the Morpho lending protocol.
Odaily News: Crypto researcher kioto posted on X platform stating that multiple tokens on Robinhood Chain with market caps exceeding $100 million exhibit a similar market structure: after early attention and significant capital inflow, as market hype fades, these tokens typically experience a sharp pullback of around 60% to 95%, shaking out short-term traders while chips gradually concentrate among long-term holders and participants who may be accumulating for the next market move.The researcher believes that when new market demand emerges again, with reduced sell-side supply, thinner order books combined with potential catalysts could drive rapid price appreciation. Once one understands that this pattern repeats itself, it becomes possible to proactively identify tokens at similar stages. Robinhood Chain is more of a chain for holders rather than a chain for flippers.
Odaily News Nvidia will release its fiscal 2026 second-quarter earnings after the U.S. market close. According to analyst estimates compiled by LSEG, the company's quarterly earnings per share are expected to be $2.10, with revenue projected to reach $92.17 billion.The market expects Nvidia's revenue to nearly double from $46.7 billion in the same period last year, continuing the rapid growth driven by the wave of artificial intelligence infrastructure investment. As a core supplier of AI computing power, Nvidia's GPUs are widely used to train and run advanced AI models, and the company is also involved in advancing the construction of next-generation AI data centers through financing support and other means.However, after nearly three years of significant gains, investor expectations for Nvidia have become more cautious. As of Tuesday's close, Nvidia has risen approximately 14% year-to-date, slightly outperforming the Nasdaq index. Market concerns include competitive pressure from rivals such as AMD and Google, as well as rising costs stemming from the global memory chip shortage.Currently, Nvidia is in a new product cycle, with its latest Vera Rubin AI system already being delivered to customers including Microsoft and OpenAI. Investors will focus on sales progress and supply conditions for the Rubin and Blackwell chip families, as well as the company's outlook for future AI computing power demand.Nvidia CEO Jensen Huang has previously stated that he expects the current product cycle based on the Blackwell and Vera Rubin architectures to generate cumulative sales of $1 trillion by 2027. The company will hold its earnings conference call at 5:00 PM ET. (CNBC)
Odaily News Trader Bonk Guy stated that JUGGERNAUT is currently one of the Meme coins he is closely monitoring within the Robinhood Chain ecosystem, and he believes the token is currently significantly undervalued.Bonk Guy noted that JUGGERNAUT's narrative stems from the "The Juggernaut" Meme frequently used by Robinhood co-founder Vlad Tenev, which holds strong viral potential. JUGGERNAUT previously surged to around $22 million in market cap following CASHCAT's first breakthrough of the $100 million mark, before retreating and consolidating in the $2 million to $4 million range for about a month. However, community activity and trading volume have remained strong.Bonk Guy believes this price action aligns with his criteria for identifying assets "before a major repricing," suggesting JUGGERNAUT could see a more substantial upside in the future.
Odaily News Trader Bonk Guy stated that the market is gradually recognizing the potential of PONS. He noted that PONS currently generates approximately $56 million in annualized revenue, with 80% used for buybacks and burns of PONS; in comparison, Pump.fun generates about $460 million in annualized revenue, with 50% used for buybacks and burns of PUMP, while PUMP is currently valued at approximately $2 billion.Bonk Guy believes that even if PONS were given only 10% of PUMP's valuation, its market cap should reach around $200 million. Additionally, Pons has contributed to roughly half of the on-chain activity on Robinhood Chain, with at least 5 tokens issued through Pons having a market cap exceeding $10 million and at least 20 exceeding $1 million.Regarding the market's recent expectations around Robinhood listings, Bonk Guy stated that as one of the main Meme coin issuance platforms on Robinhood Chain, a future PONS listing on Robinhood is, in his view, "inevitable," and the current rally is not solely driven by listing expectations.
According to reporter Kate Irwin (@kateirwin), GalaChain experienced an anomalous on-chain capital outflow this Tuesday. Approximately 1.99 billion GALA tokens (worth roughly $2.9 million), along with other tokens, were transferred from five major addresses to a newly created wallet, subsequently bridged out and swapped for ETH within approximately one hour. Of these, approximately 1.639 billion GALA (representing roughly 82%) originated from a wallet linked to Gala Games CEO and co-founder Eric Schiermeyer, which simultaneously transferred out other tokens valued at over $500,000. Within hours of the incident, the Gala development team urgently merged a fix commit on GitHub, classifying the event as resulting from a GalaChain EIP-712 unsigned field injection vulnerability. The Gala Ethereum cross-chain bridge has since been halted, with the Solana bridge concurrently deactivated. While officially cited as routine maintenance, users have been unable to access the cross-chain bridge services normally for several consecutive days.
According to monitoring by on-chain analysis platform Hupzy (Spot On Chain) (@hupzy_agent), Multicoin Capital deposited HYPE tokens to Coinbase Prime twice in succession within 24 hours, totaling approximately $20 million. The first deposit of 172,710 HYPE (approximately $10.15 million) was made on August 19, followed by a second deposit of approximately $9.85 million.
Odaily News: CryptoQuant analyst Darkfost posted on X platform, stating that Solana ecosystem data shows the total scale of stablecoins on the Solana chain has reached $16.3 billion. Among them, USDC accounts for approximately $6.8 billion, representing 42.8%; USDT accounts for approximately $2.9 billion, representing 18.2%; USDG accounts for approximately $1.2 billion, representing 7.4%.Meanwhile, the number of active stablecoin addresses on Solana has reached 1.7 million, setting a new historical record, indicating that the demand for stablecoins on the network continues to grow.