According to Token Terminal, the amount of ether connected to Robinhood’s recent layer 2 blockchain exceeded $70 million in the first week.
Robinhood Chain, an EVM-compatible Arbitrum-based Layer 2 network that uses ETH as its native gas token, launched on July 1 and the company described it as “AI-native and purpose-built for real-world assets.”
“If adoption continues, the network could become a new, significant source of demand for ETH” – he said Token Terminal on Thursday.
Robinhood also offered tokenized shares to customers in over 120 countries, responding to: growing demand for tokenized US stocks. Ethereum and its Layer 2 scaling networks are a popular choice for tokenized real-world assets (RWAs) with over 50% market share, according to RWA.xyz, and this move could further strengthen that position.
Transforming liquidity into economic activity
“Robinhood Chain is rapidly turning liquidity into business.” he said Terminal token in a separate post on X.
Robinhood Chain’s daily lively users have reached 194,000 and daily revenue has increased to $39,000, representing $14 million in annual revenue in the network’s first week of operation, it says.
DefiLlama, a decentralized financial data platform, shows similar numbers, showing The total value of Robinhood Chain is 46,748 ETH, or approximately $83 million at current market prices. Thursday’s inflow alone amounted to 31,855 ETH, or approximately $55 million.
Uniswap founder Hayden Adams he said On Friday, most of what happens on the Robinhood chain is denominated in ETH.
“It is a base pair to trade, the highest volume asset and a gas token to pay for block space. It also burns ETH on L1 to pay data storage fees,” he added.
The value of ETH linked to Robinhood Chain exceeds $70 million. Source: Token Terminal
Andri Fauzan Adziima, head of research at Bitrue Research Institute, told Cointelegraph that it is “definitely bullish” and early volume “validates the L2 flywheel” as a “significant new demand sink.”
“By using ETH as a native gas token on this high-speed Arbitrum L2, every transaction I track generates direct, recurring demand while locking up capital and onboarding Robinhood’s massive user base.”
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Tim Sun, senior researcher at HashKey Group, said this is a “clear, structural positive for ETH.”
“In the case of Ethereum, the most immediate benefit is that Robinhood Chain uses ETH as gas,” he said. “As connected assets, wallet addresses, and on-chain transactions increase, new demand for ETH is being generated.”
“However, the deeper significance lies not only in the amount of gas consumed, but in Robinhood’s decision to build its own financial ecosystem within the Ethereum network. This further solidifies the position of the Ethereum mainnet as the ultimate settlement layer and liquidity base for tokenized assets.”
Bulls argue that Ethereum’s long-term growth thesis is driven by RWA tokenization, agentic AI payments, institutional adoption, and network upgrades like Glamsterdam expected before the end of 2026, which are expected to raise Layer 1 capacity.
ETH prices rose on Friday, hitting $1,775, but remain at multi-year lows in a bear market, down 64% from their August 2025 high.
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