so have yall seen $Robinhood(HOOD.US) today orrrrr 😆
part of the reason for this move is because the MJ of crypto @blknoiz06 posted to his 1.3M followers yesterday around his HOOD thesisansem has been a massive Robinhood bull from the early days but he is also heavily involved in the rising on-chain activity and for those that haven’t heard…the numbers are quite incredible:- Robinhood Chain has generated $34.6B in cumulative DEX volume, 576M transactions, and 12.3M addresses since launching July 1.- Daily DEX volume recently hit a record $1.5B, with users paying $3.75M in fees on September 1.- More than 190 tokenized stocks are now live, generating over $3B in cumulative DEX volume.- RWA activity has surged, with daily volume reaching a record $390M, including $217M from memecoin/tokenized-stock pairs.- Robinhood’s onchain ecosystem has grown to more than $750M in TVL while also generating billions of dollars in perpetual-futures volume.The street is realizing they have not priced in Robinhood Chain. Ansem posted his thesis on Robinhood Chain and how large it can become yesterday to millions of people who want exposure to companies innovating in the crypto space.this is a part of their business that can produce $1B of revenue if it maintains this growth and even if it doesn’t, we are talking about a new 9-figure revenue stream for the company& you’ve got $Grayscale Bitcoin Mini Trust ETF(BTC.US) at $81KhigherSource: amit
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