Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTCryptoProwlSat, July 18, 2026 at 5:24 AM GMT+2 2 min readRobinhood Targets 27.6M Customers as Chain Moves Beyond Memecoin RushRobinhood Markets (NASDAQ: $HOOD) is trying to turn its 27.6 million funded customers into an onchain distribution advantage as Robinhood Chain moves beyond its opening burst of memecoin trading.The Ethereum layer-2 network generated about $878 million in decentralized exchange volume on July 12, briefly overtaking Base and Ethereum. Much of that activity came from speculative tokens rather than the tokenized stocks and exchange-traded funds that anchored Robinhood's original pitch.CASHCAT, a memecoin named after the brokerage's former mascot, reached a $156 million market capitalization during its first-week rally. That was more than 12 times larger than Robinhood Chain's $12.66 million market capitalization for tokenized real-world assets.More From Cryptoprowl: