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Robinhood Crypto suspected of mislabeling INDEX token, app charts inconsistent with CoinGecko data

community users have discovered that Robinhood previously listed an asset named "INDEX," but the development team appears to have confused it with another token, "Index Cooperative." A comparison of the "Index Cooperative" price charts within the Robinhood app and on CoinGecko reveals that the two trends do not align, while the chart within the Robinhood app perfectly matches the INDEX token's recent all-time high and current price movement.

INDEX surges in the short term, market cap hits $49.12 million, up 20% over 24 hours

According to GMGN data, potentially influenced by the listing of INDEX on Robinhood Crypto, INDEX's market capitalization briefly surged to $49.12 million and is currently reported at $40.27 million, with a 24-hour gain of 20%.

Robinhood Crypto lists INDEX and COOPERATIVE

According to the official page, Robinhood Crypto has listed INDEX and COOPERATIVE.

Robinhood Adds JUGGERNAUT and FRONG Assets

According to the official page, Robinhood has listed JUGGERNAUT and FRONG.

Anchorage Digital supports Robinhood Chain asset custody.

According to The Block, Anchorage Digital has added support for Robinhood Chain, enabling institutional investors to custody tokens, tokenized debt securities, and real-world assets issued on the layer-2 network through this federally chartered crypto bank.

Arc Chain will launch on September 16, Circle co-founder responds positively to FOMO launch teaser

since the beginning of this week, the on-chain momentum driven by Robinhood Chain has temporarily cooled, mainstream tokens have pulled back, and the market is pinning its hopes for the next rally on Arc Chain, which is set to launch on September 16. Arc Chain is developed by stablecoin issuer Circle and is an open blockchain network primarily targeting institutional-grade users. The market is divided on whether it will support crypto-native meme coin culture. Platforms such as OpenSea and FOMO have announced that they will support Arc Chain as soon as it goes live. In response to the FOMO launch teaser, Circle co-founder Jeremy Allaire has already responded positively.

Zora co-founder Dee Goens to take over as CEO, team shrinks to fewer than 10 people and plans to launch ZORA buyback

Odaily News: Zora co-founder Dee Goens posted on X that he will take over as CEO, while co-founder Jacob is stepping down and leaving Zora after more than 6 years as CEO. Meanwhile, Zora had already undergone layoffs earlier this year, and the team now numbers fewer than 10 people, with further adoption of AI Agents to handle tasks such as Slack workflows, code writing, and incident response.On the product side, Zora has expanded asset issuance to Robinhood and Solana, and supports cross-chain transactions across Robinhood, Solana, and BNB Chain; it also launched Custom Pairs, allowing users to create new tokens paired with tokenized stocks, meme coins, and mainstream crypto assets, with more than 4,000 trading pairs created since launch.He stated that the next phase will focus on implementing the ZORA token buyback and reward mechanism to further align the platform's business with the interests of ZORA holders, while also restarting community incentive distribution, prioritizing mobile product development, and continuing to expand the user base for social trading and on-chain markets.

Zora Co-founder Takes Over as CEO as Company Shrinks to Under 10 Employees

Zora's incoming CEO, D. Goens (@dg_goens), announced that Zora has implemented several major adjustments this summer: On the product side, the platform has expanded beyond Base to support Robinhood, Solana, and BNB Chain, launching a custom pair creation feature with over 4,000 trading pairs established to support stocks, meme coins, and mainstream assets. On the team side, the company has completed layoffs, shrinking its workforce to fewer than 10 employees, and has deeply integrated AI technology to improve operational efficiency. In terms of leadership, co-founder Jacob stepped down as CEO, succeeded by fellow co-founder D. Goens. The incoming CEO stated that future priorities will include advancing the $ZORA token buyback and holder reward mechanisms, resuming community incentive distributions, accelerating mobile product iterations, and committing to greater transparency in community communications.

Robinhood CEO Responds Directly to AMC Criticism: Public Companies Cannot Control Tokenization of Their Stocks

Odaily News - Robinhood CEO Vlad Tenev directly addressed AMC's criticism in a recent interview, stating that once a public company's stock begins trading publicly, other financial institutions should have the right to issue related financial products around those stocks without needing prior permission from the stock issuer.Vlad Tenev said that publicly traded stocks are essentially transferable property held by shareholders, and therefore other financial institutions should be able to launch financial products referencing such stocks without obtaining permission from the issuer. He specifically noted that the stock tokens offered by Robinhood are issued by independent entities and backed by the corresponding underlying stocks, so prior consent from the relevant listed companies should not be automatically required.AMC CEO Adam Aron previously criticized Robinhood's tokenization of AMC stock, arguing that the move bypasses the issuing company and disrupts the traditional relationship between the company and its shareholders, noting that token holders do not possess voting rights in the underlying stock. As for how Robinhood intends to exercise the voting rights attached to the underlying stock, Adam Aron said the company has not yet disclosed a specific plan. (CNBC)

Bonk Guy: Solana is "returning to the trenches," starting to turn bullish

Odaily News, Bonk Guy stated on the X platform that he had previously been pessimistic about Solana, even writing an analysis favoring Robinhood and BNB Chain, arguing that Solana would lose significant market share and attention in this cycle. However, his view has recently begun to shift toward a bullish stance on Solana and its ecosystem.Bonk Guy believes that Solana has recently re-embraced the "trench" culture and has started to more actively promote community projects. At the same time, Solana's management proactively reached out to him to understand how to better align with the community and the "trench" ecosystem. Additionally, Solana officials and core members have recently begun to proactively recognize ecosystem projects such as $STONK and $USELESS.These changes are not simply positive for a specific token, but rather reflect a top-down cultural shift within Solana, as well as management's proactive efforts to address issues in the ecosystem. He emphasized that his past criticism of Solana was never about the technology or infrastructure, but rather about the ecosystem culture and the impact of "extractors" on Solana's new projects and users.Bonk Guy also revealed that his originally planned long-form analysis, which was bearish on Solana and bullish on Robinhood and BNB Chain, will first be shared with the Solana team for reference. Due to the recent changes that have made him more optimistic, he may adjust his views and ultimately publish a more balanced analysis.Bonk Guy concluded: "My Solana bias is changing."

Bernstein: Robinhood Chain Generates $33M in Fees Over 15 Days, Price Target Up 31%

According to Chaoshan Research, Bernstein’s September 8, 2026 research report indicates that Robinhood Chain has rapidly become a revenue engine since its launch on July 1, generating approximately $33 million in fees over the past 15 days. This ranks it first among all blockchains, significantly ahead of Solana (approximately $11 million) and BNB Chain (approximately $9 million). Daily transaction fees on the chain range from $2 million to $4 million, with Robinhood retaining approximately 90% of the revenue. Bernstein maintains an "Outperform" rating with a price target of $160, implying approximately 31% upside potential from the current stock price. On the on-chain data front, Total Value Locked stands at approximately $1.5 billion, while cumulative DEX trading volume exceeds $50 billion. The value of tokenized stocks has risen from approximately $10 million to $140 million; stablecoin supply has reached approximately $1 billion, marking a sharp increase from $241 million in early July. Bernstein projects that annual on-chain fee revenue could reach $160 million by 2028.

Bonk Guy: PONS's buyback momentum continues to intensify — wallet balance approaches $3 million

Odaily News: Well-known trader Bonk Guy stated on platform X that PONS's daily revenue over the past week has mostly ranged from $1.3 million to over $2 million, with no single day in the last 7 days falling below $1.1 million. Meanwhile, PONS's buyback wallet has now accumulated nearly $3 million in funds for continuous buybacks of PONS via TWAP, and the replenishment rate from fee income is currently outpacing the rate of buyback fund consumption.In addition, PONS's market share on Robinhood Chain recently hit an all-time high of 80%, maintaining between 75% and 80% for most of the past week. Last Saturday, the number of tokens launched in a single day reached 28,560, and approximately 27,600 tokens were still launched in the past 24 hours. Bonk Guy believes that despite the cooling of Robinhood Chain's overall hype, PONS's market share, token issuance volume, and revenue continue to climb, indicating that its dominance in the on-chain launchpad sector has been further consolidated.

United Stables (U) Lists on Binance Alpha 2.0

According to official announcements, United Stables (U) has been listed on Binance Alpha 2.0 today, becoming the platform's first exclusive stablecoin trading pair for Robinhood Chain's trending assets. Users can directly settle assets and execute instant swaps via U within Binance Alpha 2.0 without switching interfaces. This listing bridges Binance CEX's high-frequency trading gateway with the asset potential of Robinhood Chain, providing users with a unified and efficient trading experience.

Binance Alpha 2.0 supports Robinhood Chain and adds multiple new tokens.

Binance Alpha 2.0 now supports trading, deposits, and withdrawals on Robinhood Chain. Limit orders and instant orders currently support USDT pairs. Additionally, Binance Alpha 2.0 has added tokens such as Cash Cat (CASHCAT), up (UP), Artificial Inu (AI), and Pons (PONS).

Robinhood Chain Generates $42.58 million in Total Revenue 70 Days After Launch

According to monitoring by on-chain analyst Yu Jin, in the 70 days since Robinhood Chain launched, total on-chain revenue has reached $42.58 million, equivalent to approximately 17,171 ETH, with an average daily revenue of about $608,000. Robinhood Chain accounts for 90% of the revenue, totaling 15,454 ETH (approximately $38.32 million), while Arbitrum, as the technology provider, receives the remaining 10%, amounting to 1,716 ETH (approximately $4.26 million).

Robinhood Partners with Crypto.com on Prediction Market Deal

Odaily News: Robinhood has reached an agreement with Crypto.com to further expand its prediction market business. Under the agreement, Robinhood will list event contracts provided by OG.com, Crypto.com's prediction market platform, and will take a minority stake in both Crypto.com and OG.com.Following an investment from Citadel Securities in July this year, OG.com's valuation has reached approximately $5 billion. (WSJ)

Bonk Guy Calls Another Token USELESS: Already Listed on Upbit and Bithumb, Watch for Its Potential Upside

Trader Bonk Guy (Unipcs) posted that he has long considered USELESS to be this cycle's equivalent to DOGE, SHIB, or PEPE, yet many continue to disregard it. He noted that South Korea's two major centralized exchanges, Upbit and Bithumb, listed USELESS just hours apart today, granting it a major new distribution channel from one of the world's key crypto markets. Bonk Guy further emphasized that attention should remain on whether USELESS will be listed on Hyperliquid, Robinhood, or Binance Spot next. He argued that instead of debating whether USELESS will emerge as this cycle's flagship memecoin, focus should shift to how high its price can potentially reach, as the underlying pattern is becoming increasingly clear. He also noted that investors can either accumulate USELESS now or wait until its market cap reaches several billion dollars, perceiving that stage as "safer".

PopDEX surpasses $1.7 billion in trading volume during its testing phase, with LP pool size reaching $61 million, while continuously distributing real cash rewards.

Perp DEX PopDEX, built for real traders, has recorded over $1.7B+ in trading volume and an LP pool size of approximately $61 million during its Closed Beta phase. Meanwhile, the platform has completed three rounds of cash reward distributions covering traders, feedback contributors, and community builders; in the latest round, single-address rewards reached up to 3,300 USDT. As the hype surrounding Robinhood Chain and BNB Chain memes continues to grow, PopDEX has launched popular meme perps including PONS, CASHCAT, and MARSCOIN, and initiated the Meme Gang War trading competition to provide traders with additional reward pool opportunities beyond standard incentives.

Long.xyz Surpasses $1 Billion in Tokenized Stock Trading Volume on Robinhood Crypto

Odaily News: Long.xyz announced on the X platform that its tokenized stock trading volume on Robinhood Crypto has surpassed $1 billion, accounting for 15% of all tokenized stock DEX trading volume since Robinhood Chain's launch.

95.2% of traders lost money or earned less than $100, with only 0.06% of Robinhood Chain users profiting over $10,000

Odaily News: Since the launch of Robinhood Chain, approximately 95.2% of Meme coin trading users have either lost money or earned less than $100. Among 375,740 users, only 229 users have profited over $10,000, accounting for about 0.06%; another 653 users have earned over $5,000, representing approximately 0.17%.