Robinhood Chain Testnet Hits 4M Transactions in Week One

TheNewsCryptoОпубліковано о 2026-02-19Востаннє оновлено о 2026-02-19

Анотація

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

Трендові криптовалюти

CitreaCTR

wrapped stUSDTWSTUSDT

Velodrome FinanceVELODROME

BrevisBREV

PancakeSwapCAKE

JUSTJST

Пов'язані питання

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.

Пов'язані матеріали

How to Make Yourself Irreplaceable by AI Forever

This article argues that the primary threat from AI is not job replacement, but remaining trapped in "wage slavery"—financial dependence on employers. The path to becoming irreplaceable is not resisting AI, but becoming an "unemployable" individual who builds their own meaningful enterprise. The author identifies five key elements for this: Agency (acting without permission), Taste (judging what's worthwhile), Persuasion, Persistence, and Iteration. The solution is to stop being a "pawn" in someone else's game. To start, you must fundamentally change your identity and environment, then engage in rapid, real-world trial and error. While both coding and creating media (content) are powerful, content is more crucial. AI can generate assets, but true value lies in subjective, human-driven content that builds trust and narrative. The actionable advice is to carve out 15 minutes to answer foundational questions: 1) Uncover your "raw material"—what you know deeply or solve effortlessly. 2) Define your contrarian perspective—what common beliefs you think are wrong. The intersection of these answers is your direction. Finally, you must launch by publishing your first core idea immediately, using the feedback to iterate and develop the skills needed for a self-directed life and career.

marsbit27 хв тому

How to Make Yourself Irreplaceable by AI Forever

marsbit27 хв тому

Thanks to Dice Rolls, Bitcoin Keys Are Stored Offline, But Not Everyone Will Do It

The article discusses using dice rolls to generate secure Bitcoin wallet seeds, providing entropy independent of potentially flawed hardware random number generators. It explains that each fair dice roll offers about 2.585 bits of entropy, with around 50 rolls needed for a standard 12-word seed phrase and 99+ recommended for higher security. This method gained attention after a vulnerability was revealed in some Coldcard hardware wallets, where a faulty firmware RNG (dating back to 2021) compromised generated keys. The analysis notes that while a dice-generated main seed was safe from this specific flaw, other Coldcard functions (like creating paper wallets, backup keys, or passwords) could still be vulnerable if they used the defective RNG. The piece argues that while dice-based entropy is technically robust, the manual process is error-prone, tedious, and unrealistic for most new users, who might make mistakes in recording or inputting rolls. It concludes that while manual entropy generation should remain an option for advanced users, the long-term goal is to develop reliable, user-friendly hardware and software that securely generates randomness without requiring specialized knowledge. Coldcard users are advised to check their firmware version and replace any secondary secrets (like paper wallet keys) created with vulnerable devices, while also considering multi-signature setups with devices from different manufacturers for added security.

cryptonews.ru3 год тому

Thanks to Dice Rolls, Bitcoin Keys Are Stored Offline, But Not Everyone Will Do It

cryptonews.ru3 год тому

Michael Saylor Says It Has Become Impossible to Adopt the Bitcoin Update He Opposed!

Michael Saylor stated that it has become mathematically impossible for BIP-110 to achieve the 55% voluntary support threshold within the current Bitcoin mining difficulty adjustment cycle. Based on his analysis of 946 blocks generated up to block 960,561, only 24 blocks contained version field signals supporting BIP-110. Saylor claims all these signals came from DATUM miners sharing rewards via the OCEAN mining pool, with no supporting signals from non-OCEAN miners. He argues this situation prevents BIP-110 from reaching the required consensus level and that the current signals do not represent broad miner agreement. BIP-110 is a proposal aimed at making it more difficult to embed large data like images or text into the Bitcoin network, beyond simple monetary transactions. Its proponents argue Bitcoin should be used primarily for sending money to avoid network congestion. Saylor opposes this, believing the Bitcoin network should not dictate which transactions are necessary and that rules shouldn't change based on the preferences of a few. He also suggests that high support metrics may be inflated by automated signaling software rather than reflecting genuine miner consensus.

cryptonews.ru4 год тому

Michael Saylor Says It Has Become Impossible to Adopt the Bitcoin Update He Opposed!

cryptonews.ru4 год тому

Number of Negative Bitcoin Comments Hits Record High: What Does This Mean?

Cryptocurrency analytics firm Santiment reported that negative sentiment toward Bitcoin on social media has reached a historically high level. The ratio of positive to negative comments about Bitcoin on platforms like X, Reddit, and Telegram has fallen to its lowest point since the firm began using its modern social monitoring system. A key driver of this sentiment is a vulnerability discovered in the firmware of Coldcard hardware wallets, shaking investor confidence in personal storage and cold wallets—previously considered the safest method for securing crypto assets. Santiment noted that while past crises like the collapses of FTX and Mt. Gox were larger in scale, the Coldcard incident uniquely shifted discussions toward hardware security and cold storage vulnerabilities, rather than centralized exchanges or leveraged trading platforms. Data shows only 0.58 positive comments for every negative one, indicating fear has significantly outweighed greed. Although the data covers just one day, Santiment stated the current panic level exceeds peaks seen earlier this year regarding war concerns and surpasses social media panic recorded during previous major crypto crises.

cryptonews.ru4 год тому

Number of Negative Bitcoin Comments Hits Record High: What Does This Mean?

cryptonews.ru4 год тому

SUI Stands on the Brink of a New Breakthrough as Bulls Target a Surge to $20

SUI token unlocked approximately 13.72 million tokens on August 1st, valued at around $9.9 million, representing 0.34% of its circulating supply. The release was part of a larger weekly token unlock wave. Sui utilizes a continuous daily vesting model to distribute selling pressure, unlike one-time "cliff" unlocks. Analyst CryptoPatel identifies the recent price range as a high-timeframe accumulation structure, suggesting a buy zone between $0.50 and $0.70 with long-term targets of $5, $10, and $20. However, the token has recently fallen over 5%, underperforming the broader crypto market, and social sentiment has turned slightly bearish near the $0.71-$0.73 support zone. Fundamentally, network activity remains strong. Mubadala Capital launched a $75 million tokenized private markets fund on Sui, and the network has seen the launch of a Bitcoin-collateral testnet and free stablecoin transfers. The price decline appears driven by the token unlock and general market conditions, not by network issues, highlighting a common industry gap between network growth and short-term token price performance.

cryptonews.ru5 год тому

SUI Stands on the Brink of a New Breakthrough as Bulls Target a Surge to $20

cryptonews.ru5 год тому

Торгівля

Спот

Обговорення

Ласкаво просимо до спільноти HTX. Тут ви можете бути в курсі останніх подій розвитку платформи та отримати доступ до професійної ринкової інформації. Нижче представлені думки користувачів щодо ціни ONE (ONE).

Robinhood Chain Testnet Hits 4M Transactions in Week One

Анотація

The Plan of Widening

Трендові криптовалюти

Пов'язані питання

Пов'язані матеріали

How to Make Yourself Irreplaceable by AI Forever

Thanks to Dice Rolls, Bitcoin Keys Are Stored Offline, But Not Everyone Will Do It

Michael Saylor Says It Has Become Impossible to Adopt the Bitcoin Update He Opposed!

Number of Negative Bitcoin Comments Hits Record High: What Does This Mean?

SUI Stands on the Brink of a New Breakthrough as Bulls Target a Surge to $20

Торгівля

Популярні статті

Як купити ONE

Обговорення