Morning Minute: Robinhood Chain Levels Up as Memes and RWAs Soar

GM!

Today’s top news:

• Crypto majors are green led by SOL +7%; BTC at $79.4k
• ETF inflow streak continues, ETH outperforms
• Pump hits another local high in revenue, adds HyperEVM
• Ansem and Cashcat hit major new ATHs as onchain levels up
• ACK’s ‘Argonauts’ sell out in 5 mins, see 1,600 ETH secondary action

📈 Robinhood Chain Levels Up as Memes and RWAs Soar

Robinhood Chain is heating up, and it’s cat, dog and infrastructure plays driving the run. One of which comes with a major RWA twist.

The chain just put up its strongest day since mid-July, with roughly $443 million in DEX volume, more than 3 million transactions, and active wallets back above 115,000. Volumes are up 3x off the early August bottom near $140 million.

The token board went with it.

• CASHCAT, the leading meme coin, ran to a $250 million market cap after a 25.9% day on $24.1 million of volume (and new ATH)
• PONS, the leading launchpad, added 30% to reach $94.9 million on a huge $200k+ revenue day (and new ATH) and got listed on Gate.io
• Artificial Inu ran 80% to $58 million (the memecoin paired with tokenized NVDA stock in its LP)
• Delta, the “Meteora of Robinhood Chain,” gained 58.9% (ATH)

StonkBroker, Index, HMM, TENDIES, Juggernaut and YOLO all closed green as well, and new runner Biscotti soared to $10M in just a few hours.