Robinhood Chain is two months old and already challenging Solana

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The brokerage that brought zero-fee trading to millions just did the same thing to Layer 2. In 60 days, Robinhood Chain has gone from launch to $791 million in TVL, flipped Base in daily active users, and is now generating more daily revenue than Solana. The question is no longer whether Robinhood belongs in crypto infrastructure. The question is how far this thing goes. Summary Robinhood Chain launched July 1, 2026 as an Arbitrum Orbit L2 and reached $791M in TVL within 60 days, up from $4M at genesis. Daily revenue hit $4.01M on Sept. 2, dwarfing Solana’s $78K on the same day, while cumulative DEX volume crossed $47B. The Pons launchpad is driving $500M per day in memecoin volume, outpacing Pump.fun since Aug. 29, and Uniswap Labs acquired PONS for long-term alignment. Tokenized stocks on the chain recorded $4.3B in 30-day volume with an $85M daily peak on Aug. 25, creating a product no other L2 offers at that scale. With 24 million brokerage users, a native wallet, and zero bridging friction, Robinhood owns something Solana does not: a direct line to retail that requires no onboarding. Two months is nothing in crypto time. Protocols spend years grinding toward product-market fit...

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