Robinhood Chain Testnet Hits 4M Transactions in Week One

TheNewsCryptoPubblicato 2026-02-19Pubblicato ultima volta 2026-02-19

Introduzione

Robinhood Chain, the company's Ethereum Layer 2 testnet built on Arbitrum, processed 4 million transactions in its first week, indicating strong developer interest. Launched on February 10 after six months of private testing, the permissionless blockchain is designed for high-throughput financial applications, including tokenized equities and ETFs. CEO Vlad Tenev emphasized the platform's role in the future of on-chain finance. Despite a 38% year-over-year drop in Q4 2025 crypto revenue, Robinhood plans to expand its tokenized stock offerings with 24/7 trading and self-custody. The mainnet is expected to launch later this year.

The public testnet of Robinhood for its own blockchain has captivated four million transactions in its initial week, as per the chief executive officer of the firm, Vlad Tenev.

On February 18, Tenev posted on X stating that developers are so far making our L2, made for tokenised real-world assets and on-chain financial services. The upcoming chapter of finance operates on-chain.

The U.S. financial trading giant rolled out the testnet for Robinhood Chain on February 10 as an Ethereum Layer 2 made on Arbitrum. The chain, which went through six months of private testing before the public testnet rollout, is made as a permissionless blockchain platform for high-throughput financial applications, having native support for tokenised equities, ETFs, and other real-world assets.

The Plan of Widening

Robinhood has so far amalgamated prominent infrastructure partners, comprising Alchemy, LayerZero and Chainlink. The quick accumulation of transactions through the testnet shows strong early developer interest in the network, which mostly strengthens the long-term aim of crypto and the tokenisation of Robinhood, regardless of the recent market pullback.

Robinhood witnessed its crypto transaction revenue slip 38% year-over-year to $221 million at the time of Q4 of 2025. Robinhood publicised in January 2026 that it plans to widen its tokenized stock offering to comprise round-the-clock trading, near-real-time settlement and self-custody.

The CEO has so far contrasted tokenisation to a freight train, mentioning that it “can’t be stopped” and will then end the whole financial system. The imminent rollout of Robinhood Chain is anticipated later this year, though the exact date of the launch hasn’t been announced yet.

Made on Arbitrum, Robinhood Chain was launched by Johann Kerbrat, SVP and General Manager of Robinhood Crypto at Consensus Hong Kong. The launch became the first one after being announced at the Cannes keynote of the company in 2025.

The testnet will give developers access to entry points, documentation and complete compatibility with standard Ethereum tools.

Highlighted Crypto News Today:

Ethereum Sets Three Core Priorities for 2026 Protocol Development

Domande pertinenti

QHow many transactions did the Robinhood Chain testnet process in its first week?

AThe Robinhood Chain testnet processed four million transactions in its initial week.

QOn which Layer 2 scaling solution is the Robinhood Chain built?

AThe Robinhood Chain is built on Arbitrum as an Ethereum Layer 2.

QWhat is the primary purpose of the Robinhood Chain as stated by the company?

AThe Robinhood Chain is designed as a permissionless blockchain platform for high-throughput financial applications, with native support for tokenized equities, ETFs, and other real-world assets.

QWhich three infrastructure partners did Robinhood integrate for its chain?

ARobinhood integrated three prominent infrastructure partners: Alchemy, LayerZero, and Chainlink.

QWhat key feature did Robinhood announce it would add to its tokenized stock offering in January 2026?

AIn January 2026, Robinhood announced plans to widen its tokenized stock offering to include round-the-clock trading, near-real-time settlement, and self-custody.

Letture associate

Sam Bankman-Fried Backs Off New Trial Request, Keeps Pressure On Judge Removal

Sam Bankman-Fried has withdrawn his request for a new trial, stating he does not expect a fair hearing from Judge Lewis Kaplan, who oversees his criminal case. He withdrew the motion without prejudice, meaning he can refile it after his appeal and a separate request to remove Kaplan from the case are resolved. Bankman-Fried is serving a 25-year sentence for fraud related to the collapse of FTX. The withdrawal followed a court-ordered inquiry into whether he had legal help drafting an earlier filing, which he denied. His efforts to replace the judge and appeal his conviction continue. Outside court, he has sought a pardon, but former President Trump has indicated he will not grant one.

bitcoinist9 min fa

Sam Bankman-Fried Backs Off New Trial Request, Keeps Pressure On Judge Removal

bitcoinist9 min fa

$292 Million KelpDAO Cross-Chain Bridge Hack: Who Should Foot the Bill?

On April 18, 2026, an attacker stole 116,500 rsETH (worth ~$292M) from KelpDAO’s cross-chain bridge in 46 minutes—the largest DeFi exploit of 2026. The stolen assets were deposited into Aave V3 as collateral, causing $177–200M in bad debt and triggering a cascade of losses across nine DeFi protocols. Aave’s TVL dropped by ~$6B overnight. This legal analysis argues that KelpDAO and LayerZero Labs share concurrent liability, with fault apportioned 60%/40%. KelpDAO negligently configured its bridge with a 1-of-1 decentralized verifier network (DVN)—a single point of failure—despite LayerZero’s explicit recommendation of a 2-of-3 setup. LayerZero, which operated the compromised DVN, failed to secure its RPC infrastructure against a known poisoning attack vector. Both protocols’ terms of service cap liability at $200 (KelpDAO) or $50 (LayerZero), but these limits are likely unenforceable due to unconscionability, gross negligence exceptions, and potential securities law invalidation (if rsETH is deemed a security under the Howey test). Aave’s governance also faces fiduciary duty claims for raising rsETH’s loan-to-value ratio to 93%—far above competitors’ 72–75%—without adequately assessing bridge risks, amplifying the systemic fallout. Practical recovery targets include LayerZero Labs (a registered Canadian entity), KelpDAO’s founders, auditors, and identifiable Aave governance delegates. The incident underscores escalating legal risks for DeFi protocols, infrastructure providers, and governance participants.

marsbit46 min fa

$292 Million KelpDAO Cross-Chain Bridge Hack: Who Should Foot the Bill?

marsbit46 min fa

Insider Trading in War: 5 People Involved, the Highest Earner Was Arrested

On April 24, the U.S. Department of Justice arrested U.S. Army Special Forces Staff Sergeant Gannon Ken Van Dyke for insider trading related to the capture of Venezuelan President Nicolás Maduro on January 3. Van Dyke allegedly profited over $400,000 by placing bets on a prediction market, Polymarket, using insider knowledge of the covert operation. According to the indictment, Van Dyke registered an account (0x31a5) on December 26 and made a series of bets predicting Maduro’s capture and U.S. military involvement in Venezuela. He withdrew most of his funds on the day of the operation and attempted to obscure his tracks by transferring assets through crypto and brokerage accounts. This case marks the first time the DOJ has prosecuted insider trading on Polymarket. PolyBeats had previously identified five suspicious accounts, including Van Dyke’s—the highest earner—in January. The other accounts, with profits ranging from $34,000 to $145,000, remain under unofficial scrutiny but have not been charged. Their lower profits, indirect access to information, and unclear legal boundaries may complicate prosecution. Polymarket has since strengthened its market integrity rules, explicitly prohibiting trading based on confidential or insider information. Van Dyke’s arrest, nearly four months after his trades, signals increased regulatory attention and the persistent traceability of blockchain-based transactions.

marsbit48 min fa

Insider Trading in War: 5 People Involved, the Highest Earner Was Arrested

marsbit48 min fa

Bitcoin HODLing Intensifies: LTH Supply Jumps 303,000 BTC

Bitcoin long-term holders (LTHs), defined as investors holding coins for over 155 days, have significantly increased their supply by 303,500 BTC over the past month, indicating a shift toward HODLing behavior. This contrasts with the net distribution observed in late 2025. Meanwhile, short-term holders and spot ETFs have seen reduced supply. However, the recent price rally to around $77,600 is primarily driven by futures market demand, not spot buying—a pattern to January's short-lived surge. Analysts warn of potential corrections if profit-taking occurs amid weak spot demand.

bitcoinist1 h fa

Bitcoin HODLing Intensifies: LTH Supply Jumps 303,000 BTC

bitcoinist1 h fa

Bitwise: Bullish on Bitcoin's Performance in the Second Half of the Year, AI and Regulation Will Spark a New Altcoin Season

Bitwise CIO Matt Hougan and Research Lead Ryan Rasmussen express strong bullish sentiment on Bitcoin's long-term prospects, suggesting that its $1 million price target may be too conservative. They argue Bitcoin serves a dual role: as digital gold and a potential global settlement asset, especially amid declining trust in traditional monetary systems. Despite a weak Q1 2026 where nearly all crypto assets and prices saw double-digit declines, the analysts remain optimistic due to strong forward-looking catalysts, including institutional adoption via Bitcoin ETFs from major firms like Morgan Stanley and Goldman Sachs. Geopolitical instability, such as Iran’s mention of using Bitcoin for international payments, increases the value of Bitcoin’s “out-of-the-money call option” as a non-political, global settlement currency. This enhances its appeal beyond a mere store of value. . Additionally, Hougan highlights that a clearer regulatory token framework under current SEC leadership, combined with AI efficiency gains and high-performance blockchains, could fuel a new “altseason” by late 2026. This may lead to a wave of legitimate, value-capturing token projects, unlike the earlier ICO boom. . Bitwise also announced an Avalanche ETF, citing its unique architecture and rapid growth in real-world asset (RWA) tokenization, which has surged 10x to nearly $30 billion in two years. The firm believes Layer 1 blockchains are still early in their growth cycle, with significant potential ahead.

marsbit1 h fa

Bitwise: Bullish on Bitcoin's Performance in the Second Half of the Year, AI and Regulation Will Spark a New Altcoin Season

marsbit1 h fa

Trading

Spot

Futures

Articoli Popolari

Come comprare ONE

Benvenuto in HTX.com! Abbiamo reso l'acquisto di Harmony (ONE) semplice e conveniente. Segui la nostra guida passo passo per intraprendere il tuo viaggio nel mondo delle criptovalute.Step 1: Crea il tuo Account HTXUsa la tua email o numero di telefono per registrarti il tuo account gratuito su HTX. Vivi un'esperienza facile e sblocca tutte le funzionalità,Crea il mio accountStep 2: Vai in Acquista crypto e seleziona il tuo metodo di pagamentoCarta di credito/debito: utilizza la tua Visa o Mastercard per acquistare immediatamente HarmonyONE.Bilancio: Usa i fondi dal bilancio del tuo account HTX per fare trading senza problemi.Terze parti: abbiamo aggiunto metodi di pagamento molto utilizzati come Google Pay e Apple Pay per maggiore comodità.P2P: Fai trading direttamente con altri utenti HTX.Over-the-Counter (OTC): Offriamo servizi su misura e tassi di cambio competitivi per i trader.Step 3: Conserva Harmony (ONE)Dopo aver acquistato Harmony (ONE), conserva nel tuo account HTX. In alternativa, puoi inviare tramite trasferimento blockchain o scambiare per altre criptovalute.Step 4: Scambia Harmony (ONE)Scambia facilmente Harmony (ONE) nel mercato spot di HTX. Accedi al tuo account, seleziona la tua coppia di trading, esegui le tue operazioni e monitora in tempo reale. Offriamo un'esperienza user-friendly sia per chi ha appena iniziato che per i trader più esperti.

268 Totale visualizzazioniPubblicato il 2024.12.12Aggiornato il 2025.03.21

Discussioni

Benvenuto nella Community HTX. Qui puoi rimanere informato sugli ultimi sviluppi della piattaforma e accedere ad approfondimenti esperti sul mercato. Le opinioni degli utenti sul prezzo di ONE ONE sono presentate come di seguito.