Robinhood Markets (NASDAQ:HOOD) has rapidly expanded its ecosystem with Robinhood Chain — an Arbitrum-based L2 attracting hundreds of thousands of users, hundreds of millions in DEX and bridged ETH volume, Binance Wallet support and new AI Agentic Accounts, even as analysts stay cautiously reserved.

Previous Week Recap

  • Robinhood Chain L2 Launched: HOOD: Robinhood launched Robinhood Chain (EVM Layer-2) using ETH gas. ~$141M ETH bridged, 500k+ wallets, higher 24h activity than Ethereum L1 and Base, DEX volume ~$877.6M.
  • Robinhood Chain On Arbitrum Launch: Robinhood (HOOD) launched Robinhood Chain, a Layer 2 on Arbitrum for tokenized real-world assets, plus stock tokens, DeFi products and AI-assisted trading; analysts updated price targets and ratings.
  • HOOD Notional Volume Rises: June 1–25 HOOD crypto notional volume was ~$14B, up ~38% MoM. Event contract volume rose ~136% vs. consensus, options ~110% higher, and equity notional hit ~$343B.
  • Robinhood Chain DEX Volume Surges: On July 8, 2026, Robinhood Chain saw ~ $560–$570M DEX volume, including ~$98M in memecoin Cash Cat; daily active addresses neared 200,000 with ~140,000 new users; ~13,900 contracts deployed.
  • Agentic Accounts AI Trading: Robinhood (HOOD) launched Agentic Accounts, an AI trading interface that converts plain-language client instructions into executable orders, enabling natural-language order entry for traders.
  • 24/7 Perpetual Futures In Europe: Robinhood Markets (HOOD) launched 24/7 perpetual futures trading in Europe for commodities, ETFs and currencies, expanding its product lineup beyond equities and crypto for European traders.
  • Cautious Analysts On HOOD: Analysts are cautious on Robinhood Markets (HOOD), issuing conservative ratings and forecasting slight downside to flat near-term performance versus a more bullish peer outlook.
  • Binance Wallet Adds Robinhood Chain: Robinhood Chain added to Binance Wallet, letting traders access and trade HOOD tokens in the app and extension. Upgrade Binance Wallet to version 1.14.0+ to enable the Robinhood Chain feature.

This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original sources.