WEEX exchange has rolled out a Robinhood ecosystem rewards campaign covering seven related concept tokens: WISHBONE, HOODRAT1, JUGGERNAUT, VEXAI, HOODON, INDEX, and PONS. According to ChainCatcher, users who trade any of the eligible tokens during the event can share a total prize pool of $100,000. The campaign is scheduled to run from 17:00 on July 15 to 17:00 on July 25, UTC+8. The announcement frames the event as a trading-based promotion tied to the Robinhood ecosystem token theme.

Crypto markets moved sharply higher after a cooler-than-expected June U.S. inflation reading, with Bitcoin trading around $64,600 and Ethereum near $1,880 as traders reacted within minutes of the CPI release. Decrypt’s Morning Minute said June CPI fell 0.4% month over month, the largest monthly drop since April 2020, while the annual rate slowed to 3.5% from 4.2% in May and landed below the 3.8% expectation. Core CPI came in at 2.6% and was flat on the month. The move triggered a rapid rally across majors, pushed BTC as high as $64,900 from roughly $62,000, lifted ETH 7% to $1,884, and led to about $300 million in short liquidations. The newsletter also highlighted a series of policy and industry developments unfolding alongside the macro move. Fed Chair Kevin Warsh, in testimony before Congress, said elevated inflation remains unacceptable and rejected the idea that the latest CPI report meant the job was done. The SEC’s Crypto Task Force met Hyperliquid’s Policy Center to discuss regulation, while Mizuho cut Circle to underperform and lowered its target price to $50, citing pressure from OpenUSD. Pump.fun, meanwhile, completed its first major token unlock, putting $86 million worth of PUMP from team and investor allocations into the market. Robinhood Chain also saw a sharp rotation out of earlier meme leaders and into new launchpad and RWA-related names.

INDEX, a token in the Robinhood Chain ecosystem, briefly pushed its market capitalization above $16 million and was quoted at $16.02 million, according to GMGN market data. The token doubled over the past hour. The move appeared to follow recent comments from Robinhood CEO Vlad Tenev, who said developers were welcome to embed stock tokens or RWA into their applications. Earlier, the INDEX project said it would use trading fees to buy on-chain stock tokens and distribute them to INDEX holder addresses. The price action came as the market reacted quickly to the latest Robinhood-related narrative around tokenized stocks and real-world assets.

INDEX, a token in the Robinhood Chain ecosystem, has pushed its market capitalization above $16 million, reaching $16.02 million, according to GMGN market data cited by ChainCatcher. The token doubled over the past hour. The move appeared to coincide with fresh comments from Robinhood CEO Vlad Tenev, who said developers are welcome to embed stock tokens or real-world assets, or RWAs, into their applications. Separately, INDEX had previously said it would use trading fees to buy on-chain stock tokens and distribute them to INDEX holding addresses. The report did not provide more detail beyond the quoted remarks and market figures.

Data from GMGN shows that INDEX, a token in the Robinhood Chain ecosystem, briefly pushed its market capitalization above $19 million before pulling back to $15 million, still up 96.95% over the past hour. The move came after Robinhood CEO Vlad Tenev said developers are welcome to embed tokenized stocks or real-world assets, or RWAs, into their applications. INDEX is described as a stock dividend protocol for Robinhood L2 tokenized equities. The project says it plans to use trading fees to buy on-chain stock tokens and distribute them to addresses holding INDEX. The token’s sharp move put fresh attention on projects tied to Robinhood Chain and tokenized stock infrastructure.

Introducing the CEX index token, a deflationary asset measuring centralized exchange activity. With an all-time high of 0 and limited trading, it offers a unique but nascent opportunity. This article covers its storage options, market outlook, and risks.