thoughts on Robinhood chain eco ON A MACRO LEVEL Robinhood chain didn't take off because it has superior tech otherwise Optimism, Arbitrum (which RH chain is built on), etc would be among the top EVMs today it took off because Robinhood is one of the world's most significant retail trading platforms, with tens of millions of users who are generally wealthier than the average CEX user cohort crypto participants have also long considered Robinhood the cream of the crop for exchange listings rumors of an incoming Robinhood listing have fueled some of the biggest memecoin/altcoin rallies in crypto history Robinhood's role in the $DOGE + $SHIB mania of 2021 only cemented that status now you have a Robinhood chain where people believe tokens launched there have a higher probability of eventually being listed on Robinhood that's an extremely powerful flywheel more devs launch on the chain more users buy on the chain more liquidity flows in and i think people counting out Robinhood chain are going to find out just how powerful this narrative can be in a proper bull run WHY THE RECENT WEAKNESS? 1. RH eco coins pumped giga hard a lot of RH eco coins simply needed a cooldown $PONS went from ~$30m to $960m+ in weeks before the bull run has even kicked off a ~50% correction after that kind of move is completely normal and can set the stage for another explosive leg same applies across the eco 2. Solana stepped up the Robinhood retail distribution narrative was a major catalyst but apathy and a lack of action from Solana for a while leading to the emergence of Robinhood chain also helped fuel the initial RH chain explosion that has changed Solana has stepped up and made it clear they remain a force to contend with this cycle with liquidity still relatively constrained, that naturally diverted some flows away from Robinhood chain but i don't think liquidity will stay constrained forever soon there should be enough liquidity to accommodate serious activity on BOTH Robinhood chain and Solana and of course BNB chain (i mean this goes without saying) 3. lack of follow through from Robinhood this is probably the easiest problem to fix if the biggest catalyst behind the chain was the Robinhood distribution channel, people will eventually lose interest if barely anything gets listed Robinhood listing $CASHCAT so early was bullish and helped spark the second wave of activity on the chain but they've listed almost nothing else from the ecosystem three months into launch that's a bad signal $PONS went from ~$30m to almost $1b, became a major driver of activity and at one point contributed ~50% of chain activity it's perhaps the most successful new launche of the past year in all of crypto yet it still hasn't been listed by Robinhood same with $AI it's the flagship token of Long, the second biggest launchpad on RH chain it's also a top-tier memecoin that brought significant attention to the chain during its run to $350m+ i don't own $AI, but i'm surprised it isn't on Robinhood from the outside, it's difficult to understand why $PONS and $AI haven't been listed yet and i'm not claiming to know Robinhood's internal listing criteria or regulatory considerations but the longer the biggest successes on the chain go without Robinhood distribution, the weaker the core ecosystem flywheel becomes if devs and users stop believing that building on Robinhood chain gives them a meaningful distribution advantage, some of the chain's biggest differentiators disappear and that's what contributed to momentum stalling alongside the other factors above the good news? this is the easiest problem to fix and i'd actually love to see Robinhood throw something much lower cap and more degen into the mix could be something like robinhood:0xe8ffd7e24187f72afb08d75b1bb13088a989a791 (the leading RH-native liquidity layer) or $BOW (the leading RH-native lending market) — could also be some other low cap, but i mentioned both since they have a strong narrative and justification, which likely attract even more builders/users to the chain that would create speculation that ANYTHING could get listed and that kind of uncertainty is exactly what fuels degeneracy it is very clear that @vladtenev has been strategic and calculated in how he's leading the chain he also has his ears on the ground and understands the trenches so i'm not particularly concerned about #3# over a long enough timeframe ABOUT THE HOOD SUMMIT i've seen people say the HOOD Summit was bearish for Robinhood chain because the RH eco didn't massively pump during or after the event i think that's missing the bigger picture a lot of people expected the Summit to be a catalyst for the next leg up that catalyst didn't come but what happened next is more interesting the RH eco held up there was no major 'sell the news' dump after an event with that much anticipation, that's significant the important signal to me is that the eco absorbed the event without breaking down that makes me think the recent weakness may have largely run its course i think the next leg up across Robinhood chain comes soon i don't know exactly when or what the catalyst will be maybe some Vlad Tenev wizardry + Robinhood listings maybe something completely unexpected TO CONCLUDE... a lot of people love Robinhood and their team has made a lot of the right moves so far they have a massive advantage through the Robinhood retail platform and they can weaponize that distribution advantage to drive sustained activity on their chain the Robinhood narrative only gets more powerful as the market and altcoins heat up i think the biggest question now is simply how aggressively Robinhood chooses to capitalize on the ecosystem it has created count out Robinhood chain at your own peril!

Back in September 2024, I screenshotted these two pics from the SpaceX livestream where they were introducing Asteroid, just so everyone would know where to grab the cute plushies. Demand went crazy and both stores sold out almost instantly. Around Christmas time we were even telling everyone they could grab a little Asteroid plush as a gift. And at the time we actually wrote: “#Asteroid’s# the mascot for all of us!” Never thought it’d actually come true. Check this post 👇 Now this adorable mascot is coming back in 2026 September, don’t forget to snag one for a friend this Christmas!

SpaceX investor questions ahead of the earnings call are already full of Asteroid mascot mentions. Thought you might like to see this one-minute moment with Liv again — the girl who designed Asteroid. Thank you for keeping her wish alive. @elonmusk

You only really see human nature once you’re deep in the trenches. I get it now. Looking at all those friends and people I followed for so long, how many people do I have to block just to escape this disgusting world? Maybe I never belonged here in the first place. This might not even be about the trenches. It’s this whole world, where as long as there’s money to be made, nothing else matters. They all commit crimes together because people’s memories are as short as a goldfish’s. And in the end, the market will still write the glorious history of these people. A pure world no longer exists. Support only comes when there’s profit to be made. The one who cares more always loses, and that was me.

In September 2024, through Liv’s story, I discovered Asteroid, this adorable little plush toy. I fell in love with it, so I asked friends in the United States to buy some for us. We carried the Asteroid plush around taking photos everywhere and became a small Liv fan community. ❤️ Later, during a chance interaction with Liv’s mom @rebeccaperrotto on X, I learned that the birthday printed on Asteroid’s tag is actually the same as Liv’s birthday. And today is that day, July 28th. Today would have been Liv’s 16th birthday. Although Liv left us in January this year, as we have always said, her beliefs have never changed. Liv was born with a heart that loved helping others. She dreamed of becoming the first child to go to space, and she encouraged children to bravely chase their dreams. That is the meaning and mission of Asteroid. I joined this @Liv_Stargrace birthday donation campaign, and I call on the Asteroid community and everyone who loves the stories of Liv and Asteroid, stand up and continue carrying forward Liv’s spirit! Happy Birthday, Liv 🎂 🐶 Donate from here through @TheGivingBlock they accept cryptoc donations.

Many people don't know that the tag on the Asteroid plush dolls says his birthday is July 28, 2010—the same day as Liv's. They share the same birthday. We've been working hard to spread this story since 2024. Now that Asteroid has become the SpaceX mascot, far more people have seen it this year, and many more have joined the effort. This month is Asteroid and Liv's birthday month. Do one good deed each day in Liv’s memory. Pass on love and kindness. That’s exactly what she would have wanted. ❤️ #LivsBirthdayMonth# #AsteroidBirthday#

It's more than a mascot. It will witness humanity's journey into space. It will witness humanity becoming a multi-planetary species. At the same time, it carries a story about space, about dreams, and about children fighting cancer. asteroid.

Congratulations @LordKirk1 on rising from 1,024 players all the way to first place! Champion of @MaviaGame first-ever World Championship! Your skills are outstanding and your defense is completely flawless. Let’s work together to make Mavia an even more popular game! 🚀

Seeing the @blknoiz06 token being discussed so much right now reminded me of the article I wrote about it a year ago. I remember that to join the Ansem discussion group back then, you needed to hold 100 $Ansem tokens, roughly $3,000. I truly believed Ansem was undervalued at the time. Now, a year later, it feels incredibly satisfying to see that belief proven right.