Key Highlights
- Robinhood Chain’s active addresses recently climbed to a record high as on-chain activity accelerated.
- LAB has integrated Robinhood Chain, allowing users to trade tokenized stocks, memecoins, and futures on-chain assets.
- The expansion comes days after Ondo Finance launched 24/7 tokenized stock liquidity on the network.
Multi-chain trading platform LAB has announced support for Robinhood Chain, expanding access to the network’s tokenized assets as Robinhood continues building its blockchain ecosystem.
In an X post on Thursday, the platform announced the integration with the message “Robinhood Chain has arrived on LAB.” The move marks the latest addition to LAB’s list of supported blockchain networks as it broadens access to emerging digital asset ecosystems.
According to the company, users will be able to trade tokenized stocks, memecoins, and future Robinhood Chain assets through the platform.
Robinhood Chain is gaining momentum
The move comes as Robinhood Chain continues to gain traction among developers and traders. The network recently recorded a record number of active addresses, driven largely by meme coin activity.
The LAB integration follows increased activity on Robinhood Chain after its recent mainnet launch. Earlier today, the network recorded a 70x increase in ETH bridged to the chain. As Robinhood Chain uses ETH as its native gas token, higher usage of the network could lead to greater demand for Ethereum.
The growing number of integrations suggests developers are beginning to test Robinhood Chain’s infrastructure as the platform pushes deeper into blockchain-based capital markets.
LAB responds after token collapse
The integration comes just a day after LAB addressed a sharp decline in its native token, saying the sell-off was driven by large market participants rather than any issue with the project itself.
In an X post on Wednesday, the team said its product roadmap remains unchanged and that it is monitoring the situation alongside its liquidity partners. The statement followed a drop of more than 70% in the LAB token’s price within 24 hours, which sparked speculation across the crypto community about a possible exploit or internal misconduct.
LAB fell to as low as $1.34, wiping out gains made since May and reducing its market capitalization to about $420.7 million. The decline coincided with a sharp increase in trading activity, with 24-hour volume jumping 162% to nearly $317 million. The token’s fully diluted valuation also fell to around $1.39 billion, reflecting the scale of the sell-off.
Despite the price decline, the company has maintained that its development plans remain unchanged as it continues expanding its ecosystem, including the latest integration with Robinhood Chain.
The community is having fun with the hype
Meanwhile, Robinhood Chain’s growing visibility has also become a running joke across Crypto X.
Shortly after LAB announced its integration, GMTrade, a perpetual DEX built on Solana, jokingly claimed it was abandoning Solana for Robinhood Chain. The team wrote, “After strong consideration from the GMTrade team, we will be leaving Solana to go to the Robinhood Chain.” The post humorously blamed the move on declining reposts from Solana co-founder Anatoly Yakovenko (“toly”).
When asked whether the announcement was serious, GMTrade replied: “Maybe. Depends on how many retweets we get today.” The exchange was widely viewed as satire, but it reflected how Robinhood Chain has quickly become a talking point across crypto social media.
Early growth still centers on memecoins
Despite Robinhood’s long-term focus on tokenized securities, much of the network’s early activity remains driven by meme coins.
Recent on-chain data showed meme tokens accounting for a significant share of user activity, with CASHCAT emerging as one of the ecosystem’s most actively traded assets. Whether that attention eventually shifts toward Robinhood’s tokenized stock strategy remains to be seen.
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