The total value of Ether bridged to Robinhood’s new layer-2 blockchain surpassed $70 million in just the initial week, as reported by Token Terminal.
Robinhood Chain, an EVM-compatible Arbitrum-based layer-2 network utilizing $ETH as its native gas token, was unveiled on July 1 with the firm describing it as “AI-native and specifically designed for real-world assets.”
“If the adoption trend continues, the chain could emerge as a significant new source of demand for $ETH,” stated Token Terminal on Thursday.
Robinhood has also made tokenized stocks accessible to clients in over 120 countries, reflecting a growing demand for tokenized US equities. Ethereum and its layer-2 scaling solutions have been a favored choice for tokenized real-world assets (RWA) with over 50% market share, according to RWA.xyz, and this move could further solidify that position.
Transforming liquidity into economic activity
“Robinhood Chain is rapidly transforming liquidity into economic activity,” noted Token Terminal in a separate post on X.
The daily active users on Robinhood Chain reached 194,000 while daily revenue climbed to $39,000, equivalent to a $14 million yearly revenue run rate, within the chain’s first week, it was reported.
DefiLlama, a decentralized finance data platform, presents similar statistics, indicating that Robinhood Chain has a total value locked of 46,748 $ETH, valued at approximately $83 million at current market rates. Inflows on Thursday alone totaled 31,855 $ETH, or about $55 million.
Hayden Adams, the founder of Uniswap, mentioned on Friday that the majority of activities on the Robinhood Chain are denominated in $ETH.
“It’s the base pair for trading, the most traded asset, and the gas token for paying blockspace. It also burns $ETH on L1 to cover data storage fees,” he added.
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$ETH bridged to Robinhood Chain exceeds $70 million. Source: Token Terminal
Andri Fauzan Adziima, research lead at Bitrue Research Institute, informed Cointelegraph that it was “strongly bullish” and the early volume “validates the L2 flywheel,” serving as a “significant new demand sink.”
“By using $ETH as the native gas token on this high-velocity Arbitrum L2, each transaction I track generates direct, recurring demand while locking capital and onboarding Robinhood’s massive user base.”
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Tim Sun, senior researcher at HashKey Group, remarked that it was “a clear, structural positive for $ETH.”
“For Ethereum, the most direct benefit is that Robinhood Chain utilizes $ETH for gas,” he explained. “As bridged assets, wallet addresses, and on-chain transactions increase, new demand for $ETH is generated.”
“However, the deeper significance lies not only in the amount of gas consumed, but in Robinhood’s decision to establish its own on-chain financial ecosystem within the Ethereum network. This further solidifies the Ethereum mainnet’s role as the ultimate settlement layer and liquidity foundation for tokenized assets.”
Bulls argue that Ethereum’s long-term growth thesis stems from RWA tokenization, agentic AI payments, institutional adoption, and network upgrades, including Glamsterdam, anticipated before the end of 2026, which is expected to enhance layer 1 capacity.
$ETH prices rose on Friday to reach $1,775 but remain at multi-year lows in the bear market, down 64% from their peak in August 2025.
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