ETH bridged to the Robinhood Chain exceeds $100M in one week

KuCoinFlash

Release Time: 2026/07/12 08:04:26

ETH

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Summary

As of July 12, 2026, ETH news reveals that the amount of ETH bridged from the Ethereum mainnet to Robinhood Chain has surged more than tenfold in one week, exceeding $100 million. Robinhood Chain uses ETH as its native gas token. Token Terminal noted that sustained adoption could significantly increase demand for ETH. The ETH update highlights the chain’s potential as a new layer of ETH usage.

BlockBeats news, on July 12, according to Token Terminal data, the amount of ETH bridged from the Ethereum mainnet (L1) to Robinhood Chain (L2) over the past week increased approximately tenfold, reaching over $100 million.

According to reports, Robinhood Chain uses ETH as its native gas token. Token Terminal stated that if adoption of this chain continues to grow, it could become a significant new source of demand for ETH.

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