News linked to both this project and an event.
Odaily report: Analysts from three Wall Street firms—Cantor Fitzgerald, TD Cowen, and Compass Point—all believe that despite Binance suffering an approximately $6.3 billion hack, there is currently insufficient evidence to suggest the incident will threaten the broader crypto market, and the market's prior recovery trend is unlikely to be interrupted as a result.Cantor Fitzgerald analyst Ramsey El-Assal noted that Tether has frozen over $1.5 billion in stolen assets, Circle has frozen approximately $800 million, and Ripple has frozen about $200 million, with Binance stating that the total frozen stolen funds currently amount to roughly $3 billion. He believes the crypto industry is gradually improving its ability to respond to such security incidents and expects crypto-related stocks such as Coinbase, Robinhood, and Strategy to rebound once market panic subsides, recommending that investors buy on the dip.TD Cowen analyst Lance Vitanza believes the attack exposed security weaknesses in Binance's own transaction signing infrastructure rather than flaws in the underlying technology of cryptocurrencies like Bitcoin, and that the market sell-off may present an opportunity to accumulate Bitcoin and shares of listed companies holding Bitcoin.Compass Point analysts believe Binance has sufficient liquidity to cover the funding gap, and expect its excess USDT reserves, BTC reserves, and USDC funds to be adequate to absorb the losses. However, the firm also warned that Binance compensating customers could put pressure on stablecoin supply and may drive users to migrate from centralized exchanges to competing platforms such as Coinbase, Bullish, and Hyperliquid. (CoinDesk)
Odaily reports: Trader Bonk Guy (@theunipcs) posted that Robinhood's latest earnings results represent a major positive for the on-chain ecosystem, with Robinhood Chain playing a key role in the growth of its crypto business revenue. Robinhood CEO Vlad Tenev also explicitly expressed positive expectations for the future development of its on-chain business.Bonk Guy further noted that PONS currently holds approximately 88% market share of the Robinhood Chain token launchpad. If the Robinhood Chain ecosystem has already bottomed out, PONS is well-positioned to capture a significant share of future capital flowing into the ecosystem, and he expressed strong bullishness on PONS's subsequent performance.
According to Cointelegraph, Bernstein analysts stated in predictions shared with Cointelegraph on Monday that by 2028, prediction markets could generate up to $1.7 billion in revenue for Robinhood, surpassing the projected $1.6 billion from its crypto business that same year. Analysts project that Robinhood's prediction market revenue will rise from approximately $650 million this year to $1.7 billion in 2028, accounting for roughly 18% of its projected total revenue of $9.4 billion in 2028. Bernstein raised its revenue forecasts for Robinhood for 2026 by 3%, 2027 by 4%, and 2028 by 3%, while maintaining a $160 price target. The forecast was released the day before Robinhood's Q3 2026 earnings report. Bernstein expects its Q3 revenue to increase 13% quarter-over-quarter to approximately $1.5 billion.
Odaily reports: Digital trading platform Robinhood Markets' prediction market revenue is projected to reach $1.7 billion by 2028, exceeding the estimated $1.6 billion in crypto business revenue for the same period. Bernstein analysts expect prediction market revenue to grow from approximately $650 million this year to $1.7 billion by 2028, accounting for about 18% of the company's projected total revenue of $9.4 billion that year.Bernstein has raised its revenue estimates for Robinhood in 2026, 2027, and 2028 by 3%, 4%, and 3% respectively, while maintaining its $160 price target unchanged. Analysts expect the company's third-quarter revenue to grow 13% quarter-over-quarter to approximately $1.5 billion, driven by growth in equity notional trading volume, options trading volume, and event contract trading volume, as well as a recovery in crypto trading volume. (Cointelegraph)
Odaily Report: Crypto analyst The Smart Ape posted on X platform that data shows Robinhood Chain's daily Gas fees dropped from $8.4 million on September 4 to $34,000 on October 18, a decline of 99.6%. Comparing the most active 14 consecutive days with the most recent 14 days, Pons V2 fee revenue fell from $87 million to $7 million (-92%), GMGN from $22 million to $900,000 (-96%), and Axiom from $4.6 million to $300,000 (-94%). Additionally, the median price decline of Meme coins on the chain from their all-time highs reached 97%, with 72% of Meme coins falling by 90% or more.However, Robinhood Chain still had 873,000 active wallets last week, Gas fee revenue of approximately $345,000, and TVL hit an all-time high of $1.05 billion, of which about $480 million is concentrated in two stablecoin lending markets on Morpho, primarily involving leveraged arbitrage trading. Therefore, it is judged that the high-risk speculative capital on Robinhood Chain has clearly receded, with retained funds more concentrated in scenarios such as stablecoin lending, and there is a clear divergence between on-chain capital activity and TVL growth.
Odaily reports: Trader Bonk Guy posted on X platform that despite a recent decline in PONS revenue, PONS remains the highest-fee and highest-revenue project in the Robinhood chain ecosystem across multiple timeframes including 24-hour, 3-day, and 7-day periods.Bonk Guy believes that the revenue decline is primarily driven by an overall drop in activity across the Robinhood chain, rather than a weakening of the project's own competitiveness. He stated that the Robinhood chain ecosystem may have reached a cyclical bottom, and if on-chain activity recovers, PONS revenue could resume growth and potentially become one of the leading tokens in the next ecosystem rally.
Analyst Jake Koch-Gallup posted that Ethereum's liquidity moat has not been breached, citing five reasons: first, ETH is not only a medium of exchange but also possesses reserve and collateral asset attributes; second, Ethereum still accounts for 65% of DeFi TVL, with the Layer 2 ecosystem continuing to expand, covering networks such as Base and Robinhood Chain; third, although Ethena's USDe share on Ethereum has dropped from 88% to 56%, Ethereum remains its largest network; fourth, while the stablecoin share has declined to 51%, if the overall market cap reaches $3 trillion, Ethereum capturing even 30% would see its stablecoin volume surge from the current $15.5 billion to nearly $1 trillion; fifth, Ethereum maintains over a decade of uninterrupted operation, a dominant developer ecosystem, a 36% staking rate, and continues to lead in institutional adoption and RWA activity, keeping its fundamentals firmly intact.
According to Rafael (@n3ocortex), co-founder of the on-chain analytics platform Glassnode, public keys for approximately 6.26M BTC (31.2% of total supply) are now publicly visible on-chain, marking a further rise from 24.8% in early 2021 and returning to 2016 levels. Specifically, address reuse has led to the exposure of public keys for 4.33M BTC, with an additional 1.71M BTC exposed due to P2PK script types (including 1.10M BTC attributed to Satoshi Nakamoto), and 222K BTC exposed via Taproot addresses. At the institutional level, exchanges collectively hold 1.79M BTC with visible public keys, with exposure rates varying significantly across platforms: 10% for Coinbase, 83% for Binance, and 100% for Bitfinex; 49% for Grayscale, 99% for Revolut, and 100% for Robinhood. Fidelity accounts for just 2%, while the exposure rate for holdings by the US, UK, and Salvadoran governments remains at 0%.
Odaily News — According to on-chain analyst Ember Monitoring, Meme trading platform GMGN (0x5d044...8960db) deposited 12,000 ETH in fee revenue earned on Robinhood Chain into Ethereum for staking 6 hours ago, worth approximately $32.57 million. Robinhood Chain has been live for 3 months, and GMGN has earned only about 24,500 ETH in fee revenue on the chain, worth approximately $66.54 million.
Odaily News: According to Onchain Lens monitoring, a trader bought 3.8 million SI on Robinhood Chain at an average market cap of $1.48 million for $5,670, then sold 2.3 million SI for $42,200, and still holds 1.6 million SI, worth approximately $31,000. The trader's cumulative profit reached $67,600, with a return rate of 1,190%, of which $27,700 is unrealized profit.
Odaily News: According to on-chain analyst Ai Yi's monitoring, a GNGN-associated address (0x5d04...60db) deposited 6,100 ETH to Coinbase 8 hours ago, worth $16.38 million. Tracing back, this ETH was cross-chain bridged from the Robinhood network to the Ethereum mainnet 6 days ago, and may represent Robinhood network fee revenue.
According to on-chain analyst Wazz (@WazzCrypto), an organized serial rug pull and fund-draining syndicate operates on the Robinhood blockchain. The group has been linked to 53 token launches in the past two months, with directly trackable extracted funds reaching $18.43 million, though the actual amount is likely higher. The syndicate's modus operandi is highly systematic: funds raised from each launch are routed to the deployment wallet of the next launch within seconds, forming a continuous funding pipeline. Each issuance is sniped via 70–200 bundled wallets to secure over 70% of the supply, primarily launched on the Pons V2 platform. Additionally, the group generates hype through "fake launches" before official drops to preemptively harvest market sentiment, only revealing the real contract address afterward to maximize extraction profits. Notably, $DEED, the trigger token for this investigation, did not even make it into the top ten highest-drained tokens.
Odaily News: Solana's official X account reposted an interview clip with Backpack founder and CEO Armani Ferrante. Ferrante stated that Backpack's goal is "not 10 stocks, not 100 stocks, but to bring the entire stock market onto Solana."At its core is an API connecting brokerages and DeFi: tokens held by users correspond to real shares, are 1:1 in-kind redeemable, and can flow freely in both directions between brokerage accounts and on-chain. Ferrante gave an example: users can buy SpaceX tokens on Solana and then transfer them directly to brokerage accounts such as Backpack, Fidelity, and Robinhood. He emphasized that the fundamental difference between this and other tokenized stock solutions on the market is that "what you actually get is the stock itself."Ferrante revealed that currently there are only about 200 tokenized stock assets across all chains combined, and the next step is to expand to 10,000.
According to Onchain Lens | Robinhood ⚡ monitoring, a whale withdrew 27,300 HYPE, worth approximately $2.55 million, from Coinbase minutes ago. Over the past 16 days, this wallet has accumulated 81,900 HYPE, worth approximately $7.13 million.
Odaily News: According to on-chain analyst Aunt Ai's monitoring, a certain whale sold 5.338 million PONS at an average price of $0.6779, worth $3.67 million, driving the PONS price down 4% from $0.6968 to $0.6688. PONS was previously the largest on-chain asset of this address, with an entry price of approximately $0.7154. This sale resulted in a loss of about $200,000.
According to an official announcement, Bybit has listed Pons (PONS) for spot trading.
According to on-chain analyst Ai Yi, influenced by Robinhood, ARB has risen over 126% in the past month. A new address accumulated 24.01 million ARB 4 hours ago, worth $5.295 million, with an average withdrawal price of $0.2204.
分析师指出，随着 SEC 加速推动代币化股票在链上结算，Coinbase、Robinhood 和 Circle 凭借现有基础设施，有望成为首批市场赢家。
Robinhood Chain's fee revenue has plummeted 97% since its September peak, but buoyed by the lingering hype of the meme coin boom, on-chain trading volume has not experienced significant outflows, remaining at the tens of millions level.
According to on-chain analyst Ai Yi, a new address opened its first position of 1 million UNI five hours ago at an entry price of $9.05. Driven by the Robinhood meme market trend and the SEC's new rules on compliant on-chain U.S. stock trading, UNI has risen 145% over the past month.