Base has a trust problem now. Not a chain-is-dead problem. A narrative problem. Coinbase spent years presenting Base as the friendly public square for crypto builders, wrapped in the wider Stand With Crypto posture. Then the content-coin experiment soured, leadership admitted the social thesis failed, and Robinhood Chain arrived looking exactly like what it is: an investment hub building financial rails, not a movement trying to look altruistic. That bluntness matters. Base still has serious DeFi TVL and real infrastructure. Robinhood Chain is barely out of the gate. But crypto trust is not just TVL; it is whether users believe the incentives being sold to them match the incentives underneath. My piece: why Base’s trust problem is Robinhood Chain’s opening — and why HOODL is an early, factual experiment rather than proof of migration. See URL below 👇 #StandWithCrypto# #DeFi#