Robinhood Chain monthly active users surpass 2 million, up 50% in a week

Robinhood Chain just crossed 2 million monthly active users, a 50% jump in roughly a week. For a blockchain that only went live on July 1, that’s the kind of growth curve that makes competitors nervously refresh their dashboards. The Ethereum Layer-2 network, built on the Arbitrum Orbit stack, has been on a tear since its public mainnet debut. By July 22, the platform had already recorded approximately 1.6 million MAU. Now, just days later, that figure has blown past the 2 million mark. The numbers behind the surge Total value locked on Robinhood Chain reached roughly $480 million, itself reflecting a 50% increase over a single week. Daily transactions approached 10 million. The cumulative decentralized exchange volume during the first three weeks landed somewhere between $8 billion and $9 billion, with the vast majority of that volume driven by memecoin trading. On July 21, Robinhood Chain posted 323,969 daily active users, surpassing Coinbase’s Base, which logged 274,520 users on the same day. It was the second time since launch that Robinhood’s chain had overtaken Base in daily active users. Why it’s growing this fast Robinhood has approximately 28 million users on its core brok...