CASHCAT Rises 120% Weekly, Robinhood Chain TVL Reaches $774M

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On-chain data shows CASHCAT on Robinhood Chain rose 120% over the past week, with a market cap of $86 million. The token remains below its July high of $0.22. Robinhood Chain’s TVL reached $774 million, up 20% in seven days, led by Morpho and Ethena. New token listings have slowed compared to July, but stablecoin supply and on-chain deposits continue to rise.

ChainCatcher report: On Robinhood Chain, the meme coin CASHCAT has risen 120% over the past week, with its market cap rebounding to approximately $860 million, though it remains significantly below its mid-July peak of around $0.22. Meanwhile, the total value locked on Robinhood Chain has reached $774 million, a 20% increase over seven days, primarily driven by the protocols Morpho and Ethena. Although the热度 of token launches on-chain has noticeably cooled since the July peak, stablecoin volumes, tokenized real-world assets, and on-chain deposits continue to grow.

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