CoinMarketCap Head of Research Alice Liu said a meme coin surge on Robinhood Chain has become a key signal for retail capital flows and has helped improve activity across Ethereum’s decentralized finance market. According to Liu, Ethereum rose about 66% in the third quarter, supported by more than $10 billion in ETF inflows and over $15 billion in corporate token purchases. Robinhood Chain went live on July 1, 2026, originally pitched as a bridge for tokenized real-world assets, but meme coin trading quickly became the network’s dominant use case. Its flagship token, CASHCAT, briefly reached a market capitalization of $220 million, while daily DEX volume on the chain peaked above $800 million. Total value locked across DeFi stood at about $88 billion during the quarter. The remarks were cited by Cointelegraph and carried by Techub.
CoinMarketCap Head of Research Alice Liu said a meme coin boom on Robinhood Chain has emerged as a key indicator of retail capital flows, helping lift activity in the Ethereum DeFi ecosystem.
Liu said Ethereum gained about 66% in the third quarter, with more than $10 billion in ETF inflows and over $15 billion in corporate token purchases cited as supporting factors.
Robinhood Chain launched on July 1, 2026. It was initially positioned as a bridge for tokenized real-world assets, but meme coin trading quickly came to dominate network activity. Its flagship token, CASHCAT, at one point reached a $220 million market capitalization, and daily DEX volume on the chain peaked above $800 million. DeFi total value locked for the quarter stood at about $88 billion.
The remarks were reported by Cointelegraph and summarized by Techub.
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