# Layer 2 Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Layer 2", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Kerbrat from Robinhood Promotes Tokenization While Memecoins Dominate Its Tokenless L2

Robinhood Crypto's senior vice president, Johann Kerbrat, has emphasized the company's focus on building the technical network infrastructure for tokenization, calling it "just the beginning," rather than on launching tokens. The centerpiece is Robinhood Chain, a tokenless, EVM-compatible layer-2 network built on Arbitrum technology, which settles on Ethereum and uses ETH for gas fees. The network's primary offering is stock tokens, providing 24/7 blockchain-based exposure to companies like Nvidia and Apple for users outside the U.S., though these tokens confer no legal shareholder rights. Despite its focus on tokenized real-world assets (RWAs), currently valued at around $12.81 million, memecoins overwhelmingly dominate trading volume on Robinhood Chain. Research indicates over 99% of trading volume comes from memecoins, with the network's mascot-inspired token, $CASHCAT, surging over 5,500% in a week. Kerbrat, who recently called assets without utility "not a long-term purpose," acknowledged the chain is also "great for memes." The network has seen significant growth since launch. DeFiLlama data shows a Total Value Locked (TVL) of approximately $536 million, a stablecoin market cap of around $634 million, and 24-hour DEX trading volume of about $440 million. Notably, Ethena's USDe stablecoin has grown to constitute nearly 43% of the network's stablecoins. In mid-July, the chain was processing over 7 million daily transactions, surpassing Coinbase's Base. Robinhood is currently covering gas fees for eligible wallet users on swaps, bridges, and perps, but this subsidy is set to end in September. Separately, Robinhood reported Q2 cryptocurrency transaction revenue of $100 million, a 38% year-over-year decline, while its prediction markets generated $156 million, exceeding crypto revenue for the first time.

cryptonews.ru7h ago

Kerbrat from Robinhood Promotes Tokenization While Memecoins Dominate Its Tokenless L2

cryptonews.ru7h ago

Ethena's USDe Captures 43% of Stablecoin Supply on Robinhood Chain for Capital Placement

USDe from Ethena has rapidly become the primary source of dollar liquidity on the Robinhood Chain, surging from about $17 million a month ago to roughly $253 million, accounting for nearly 43% of the network's total stablecoin volume. This synthetic dollar, which maintains its value through crypto assets and offsetting derivatives positions, indicates that incoming capital is seeking more than just a trading venue. It reflects a broader shift where crypto investors are using stablecoins for DeFi, collateral, and yield strategies. Robinhood Chain, an Ethereum L2, is seeing its dollar base shift towards yield-bearing assets. Unlike traditional stablecoins like Paxos's USDG, USDe is a synthetic dollar that does not inherently pay yield; users must stake it to earn rewards via sUSDe within Ethena's delta-neutral framework. Analysts view the rapid inflow as capital being deposited within the network, not just transiting through it, potentially boosting lending and trading activities even without user growth. While transaction activity has spiked—averaging about 11.6 million daily transactions, up 30% weekly—daily active accounts have grown only modestly and remain below July peaks. Currently, memecoins like $CASHCAT dominate over 99% of trading volume, driving speculation rather than the platform's long-term focus on tokenized securities. The key challenge for Robinhood will be converting this initial speculative activity into sustainable, long-term financial transactions aligned with its tokenization strategy.

cryptonews.ru08/12 12:11

Ethena's USDe Captures 43% of Stablecoin Supply on Robinhood Chain for Capital Placement

cryptonews.ru08/12 12:11

Tom Lee Deems Robinhood Chain the Most Successful Project of 2026

Tom Lee, Chairman of Bitmine, declares the launch of Robinhood Chain as the most successful project of 2026. He believes this project could extend blockchain activity beyond the crypto community to mainstream financial markets. Lee highlights the rapid growth of the Robinhood Chain L2, built on Arbitrum, following its July 1 launch. The network has already surpassed $1 billion in trading volume, indicating growing demand for Ethereum-based applications. This increased activity could boost demand for Ethereum ($ETH), which serves as the network's gas token for transaction fees and final settlements. Lee emphasizes that Robinhood's 27 million clients paying fees in $ETH signifies mainstream users beginning to perceive Ethereum as money. Network data supports this optimism, with the chain reportedly ranking second in active wallets among EVM-based spot DEXs.

cryptonews.ru08/11 11:14

Tom Lee Deems Robinhood Chain the Most Successful Project of 2026

cryptonews.ru08/11 11:14

Hardcore Research Report: After a Stunning Debut, A Frame-by-Frame Breakdown of Robinhood Chain's Revenue Potential

**Summary: The Revenue Potential of Robinhood Chain vs. Its Declining Core Crypto Business** A detailed analysis of Robinhood's crypto trajectory reveals a stark contrast: while the company's overall revenue hit a record high of $1.31B in Q2 2026, its crypto-specific business is in sharp decline. Crypto revenue fell 38% year-over-year to $100M, now constituting only 8% of total revenue. Retail crypto trading volume and the share of crypto in customer assets also dropped to multi-year lows. In this context, Robinhood Chain, the company's newly launched Layer 2 blockchain, represents a major strategic bet. Its launch was notably strong, generating $3.6M in Real Economic Value (REV) in July 2026, or 38% of all tracked L2 revenue that month—surpassing established networks like Polygon and Base. However, this early activity was heavily driven by meme coins (51% of spot volume), not the chain's stated focus on Real World Assets (RWAs), which accounted for only 5%. The report argues that Robinhood Chain's infrastructure-layer revenue alone is insufficient to meaningfully revive the crypto division. The entire L2 revenue market is structurally shrinking and too small. Robinhood's clearest monetization path lies at the application layer: 1. **USDG Stablecoin:** Robinhood's native stablecoin could generate significant interest income. At a current $333M supply (assuming a 3.5% yield), it represents ~$10.5M in annualized revenue. Scaling USDG to $1B+ would create a substantial, durable income stream. 2. **Application Distribution:** Robinhood's main app holds immense distribution value. Evidence suggests protocols like Morpho pay for integration, driving significant user deposits. In contrast, distribution via the standalone Robinhood Wallet has shown limited value so far. The known, quantifiable revenue streams from Robinhood Chain (chain REV, USDG interest, shared Lighter fees) total ~$54.8M annualized—only about 14% of Robinhood's annualized crypto revenue. The conclusion is that for Robinhood Chain to become a meaningful growth driver, Robinhood must successfully commercialize its application-layer advantages—primarily by scaling USDG and monetizing its main app's user reach—or use the chain as a funnel into its higher-value traditional products. Based on current data, the chain is not yet a significant contributor to company profits.

marsbit08/11 03:12

Hardcore Research Report: After a Stunning Debut, A Frame-by-Frame Breakdown of Robinhood Chain's Revenue Potential

marsbit08/11 03:12

Hardcore Research Report: After an Impressive Start, Analyzing Robinhood Chain's Revenue Potential Frame by Frame

Robinhood's crypto business is in steep decline, contributing only 8% of total revenue in Q2 2026 despite the company's overall record performance. Its new Layer 2 blockchain, Robinhood Chain, launched strongly in July, generating $3.6M in Real Economic Value (REV) and capturing 38% of all L2 network revenue that month. However, this early activity is heavily driven by speculative Meme coin trading (51% of spot volume), not the intended Real-World Asset (RWA) use case. While successful as a blockchain, the network's revenue alone is too small to meaningfully impact Robinhood's profits, with known revenue streams annualizing to about $54.8M—just 14% of the crypto segment's annualized revenue. For Robinhood Chain to revitalize the crypto business, Robinhood must monetize beyond infrastructure. The clearest path is scaling its native stablecoin, USDG, to generate interest income from its reserves. Another opportunity lies in commercializing its massive user distribution, particularly through its main app, as evidenced by the successful integration of Morpho. In contrast, distribution via the standalone Robinhood Wallet appears limited. Ultimately, Robinhood Chain may serve more as a user acquisition funnel for higher-value products rather than a major direct revenue line. To become a significant growth driver, Robinhood must successfully expand USDG or effectively monetize its main app's distribution power.

Odaily星球日报08/11 03:06

Hardcore Research Report: After an Impressive Start, Analyzing Robinhood Chain's Revenue Potential Frame by Frame

Odaily星球日报08/11 03:06

Starknet has integrated AI agent transaction verification

Starknet, an Ethereum scaling Layer 2 network, has integrated Chance, a verification system for AI agents that audits proposed trading transactions before execution. The system first simulates a potential trade and compares its outcome with the conditions pre-approved by the user. If the transaction doesn't comply with these user-set rules, Chance blocks the fund transfer. The solution operates using Starknet's programmable custodial wallets. While AI agents can suggest deals, the assets remain under the wallet's control until an operation aligns with the user-defined constraints. This creates an additional verification layer between the AI agent's decision and the actual movement of funds. Chance also utilizes Starknet's STRK20 privacy framework to protect authorization data for agents and transaction calculations. The system allows for selective disclosure of transaction information, enabling users to provide necessary data without revealing the entire context of the operation.

cryptonews.ru08/10 19:05

Starknet has integrated AI agent transaction verification

cryptonews.ru08/10 19:05

Weekly Token Unlock: Major YZY Unlock Valued at $35.7 Million

This week's token unlocks feature two major events. The YZY token, created by Kanye West, will unlock 120 million tokens valued at approximately $35.73 million. The release schedule is illustrated in the provided chart. Additionally, the Starknet (STRK) token will unlock 130 million tokens worth around $3.19 million. Starknet is an Ethereum Layer 2 scaling solution developed by StarkWare, utilizing zk-STARKs technology to enable faster and cheaper transactions. Its token release curve is also detailed in an accompanying chart.

marsbit08/09 04:11

Weekly Token Unlock: Major YZY Unlock Valued at $35.7 Million

marsbit08/09 04:11

World Chain Implements EIP-7928 Ahead of Mainnet Launch

World Chain announces it will implement full block access lists on August 17, becoming the first production Layer 2 (L2) network to transmit EIP-7928 access list data within each flash block. This update is a key step in scaling blockchain throughput without increasing hardware demands for independent validators. The implementation allows validators to verify transactions in parallel during block formation, supporting throughputs up to 1 gigagas per second. Block Access Lists (BALs) provide a record of the state read and written by each transaction, enabling independent transactions to be verified simultaneously across multiple CPU cores. World Chain extends the EIP-7928 specification by streaming access list data every 200 milliseconds via its flashblock architecture. This lets validators begin verification as blocks are assembled, reducing latency and distributing the verification workload. While EIP-7928's full deployment on Ethereum is planned for the future Glamsterdam upgrade, World Chain is implementing it via a runtime flag, allowing node operators to update without a coordinated network hard fork. Internal tests on World Chain networks showed stable verification latency even with throughput surges reaching 1 gigagas per second on standard cloud infrastructure. This suggests blockchain networks can scale throughput significantly without a proportional increase in the computational power required for chain validation. This launch marks the first production implementation of streaming EIP-7928 block access lists, contributing to Ethereum's broader scaling roadmap by improving performance while maintaining accessibility for independent validators.

cryptonews.ru08/06 13:51

World Chain Implements EIP-7928 Ahead of Mainnet Launch

cryptonews.ru08/06 13:51

World Chain Unveils Full Block Access Lists to Boost Blockchain Scalability

World Chain has announced the launch of complete block access lists on its Mainnet, set for August 17. This enhancement, building upon the EIP-7928 protocol, is designed to solve a key scalability challenge by boosting transaction throughput without requiring validators to upgrade to more powerful hardware. Traditionally, validators must re-execute transactions sequentially to verify a block. World Chain's architecture, using its "flashblock" system to broadcast access list data every 200 milliseconds, enables validators to check independent transactions in parallel across multiple CPU cores. This approach allows the network to target throughputs up to one gigagas per second while keeping validation latency and hardware requirements stable, as confirmed by internal testnet evaluations. Implemented via a runtime flag rather than a hard fork, this upgrade allows for a smoother transition. As the first operational implementation of streaming EIP-7928 access lists, it contributes to Ethereum's broader scaling roadmap. World Chain is an L2 network built on the OP Stack, focused on global accessibility and applications like stablecoin finance and remittances, underpinned by World ID's proof of humanity.

TheNewsCrypto08/06 11:03

World Chain Unveils Full Block Access Lists to Boost Blockchain Scalability

TheNewsCrypto08/06 11:03

Chainstack Adds Support for Robinhood Chain for Managed and Self-Hosted Nodes

Chainstack, a Web3 infrastructure platform supporting over 100,000 developers across 70+ blockchain networks, has added support for Robinhood Chain across its three deployment models: Global Nodes, Dedicated Nodes, and Chainstack Self-Hosted. The support is available for both the mainnet (chain ID 4663) and testnet (chain ID 46630). Robinhood Chain is an Ethereum L2 network built on Arbitrum Orbit with Nitro, optimized for financial and tokenized real-world asset transactions. It offers 100-millisecond block times and uses ETH for gas. A key feature is its first-come, first-served transaction ordering based on endpoint latency, making node placement a matter of execution rather than fee strategy. Chainstack's three models provide different levels of control and infrastructure: scalable Global Nodes for dApps and wallets, high-performance Dedicated Nodes with unlimited requests for marketplaces and protocols, and Self-Hosted Nodes for clients requiring full control over data sovereignty and deployment in their own environment. The Self-Hosted option is highlighted as critical for regulated issuers and brokers who cannot use third-party infrastructure due to compliance. The platform offers a unified management plane, billing, and monitoring for RWA workflows across multiple blockchains. Access is available immediately, with testnet tokens provided via a faucet and a free tier for evaluation.

cryptonews.ru08/05 17:58

Chainstack Adds Support for Robinhood Chain for Managed and Self-Hosted Nodes

cryptonews.ru08/05 17:58

活动图片

Project Updatesright-arrow

Bitcoinright-arrow