Morning Edition · Thursday, August 6, 2026Published at 1:33 AM EDT · New York
Capital Concentrates as Robinhood's Chain Grows on Memecoin Trading and Solana Funds Take in Nothing
Value secured on Robinhood Chain rose 22.1 percent in a week to $993 million while its tokenized assets stand at $27.6 million, and all six United States Solana funds recorded five straight days of zero net flows.
Robinhood Chain, the layer-2 network the brokerage launched to carry tokenized assets, has grown quickly. L2Beat puts total value secured at $993.4 million, up 22.1 percent over seven days, the largest weekly gain among tracked rollups. The…
Continue the Crypto Intelligence Brief
Track on-chain flows, protocol shifts, stablecoins, and regulation.
- 5 crypto intelligence signals a day
- Tracked crypto trends, day over day
- Stablecoin and regulatory movement
- Source-grounded analysis with confidence labels
The Global Intelligence Brief stays free.
Part of a tracked trend
On-Chain Capital Concentrates
As total on-chain capital contracts, value keeps concentrating on the largest chains and the applications with live demand, squeezing long-tail protocols and forcing consolidation.
More from this edition
- Bitcoin Red Team Files 4,962 Security Findings Across 390 Projects After Coldcard Theft
- Senate Leaves Crypto Market-Structure Bill Off the Floor With Days Left Before Recess
- Putin Signs Russia's First Comprehensive Crypto Law and Keeps the Domestic Payment Ban
- Aztec's Alpha V5 Puts Client-Side Proving in Users' Hands, and a Hidden-Information Game Is the First Test
- Oracle Key Compromise and an Account-Delegation Bug Lead the Week's Exploit Files
- Ethereum Foundation Funds Browser Tool That Checks Whether a Website Serves the Code It Published
- Circle Locks In Its Coinbase Distribution Deal for Three More Years and Rules Out a Dividend
- Miden Ships an Institutional Backend That Enforces Compliance Without Holding Keys
- A 100 Million Token Unlock, a Solana Burn Vote and a Lido Buyback Test Who Actually Sets Token Supply
- Binance Sues Payment Firm RedotPay for $470 Million as BitMart Gives United States Users Days to Withdraw
- Bitcoin Holds Above $64,000 as Traders Position for a $101 Billion SpaceX Share Unlock
Comments
0No comments yet.