According to data from GMGN and DeFiLlama, as reported by BlockBeats on July 22, Robinhood Chain's cumulative DEX trading volume has exceeded $9 billion since its mainnet launch on July 1. In the last seven days alone, approximately $4.04 billion was traded, placing it among the top five blockchains in terms of trading volume and at one point surpassing ecosystems such as Polygon, Hyperliquid L1, and Arbitrum.

Robinhood Chain's trading volume has grown rapidly since its launch. While the DEX trading volume was less than $100 million in the first week, it surged significantly from July 8th, with daily trading volume exceeding $500 million multiple times. During this period, the on-chain meme asset CASHCAT attracted a large influx of speculative traffic. Currently, trading remains highly concentrated within the Uniswap ecosystem. Over the past 7 days, Uniswap V2/V3/V4 has contributed 96% of the on-chain trading volume.

Robinhood Chain is positioned as an Ethereum L2 based on the Arbitrum technology stack, targeting financial services and real-world assets. Its stock tokens can be traded through protocols such as Robinhood Wallet and Uniswap.

According to DeFiLlama data, the current DeFi TVL on this chain is approximately $305 million, the stablecoin market capitalization is approximately $439 million, and the active RWA market capitalization is approximately $64.22 million. Meme tokens such as CASHCAT still occupy the top trading positions, while stock tokens have not yet become the main source of transactions.

According to BlockBeats, on July 22, Bridgewater Associates founder Ray Dalio advised Elon Musk not to invest most of the money from the sale of PayPal in Mars exploration, but Musk responded at the time that "there is no need to do so."

In a recent podcast, Dalio recalled that he first met Musk in 2002 while researching personality types of entrepreneurs. He believes Musk belongs to the "shaper" type, meaning someone with a grand vision and a passion for turning ideas into reality.

According to Dalio, Musk received approximately $180 million after selling PayPal, and subsequently invested most of it in startups, including approximately $100 million in SpaceX, approximately $70 million in Tesla, and approximately $10 million in the solar energy company SolarCity.

Dalio said he had advised Musk to keep some cash as a safety net: "If things don't go well, at least you'll have some money left." But Musk responded, "No, I don't need to."

Dalio believes that Musk is not primarily driven by wealth accumulation, but rather focused on achieving long-term goals. One of SpaceX's current goals is to build a technological system that enables humanity to become a "multi-planetary species."

After SpaceX completed its largest IPO in history this summer and debuted on Nasdaq, investors were able to gain a deeper understanding of the company's strategy for the first time. The company stated in its prospectus that its mission is to "build the systems and technologies needed to make life possible on a multi-planetary planet."

Dalio also pointed out that the characteristic of "shapemakers" like Musk is that, on the one hand, they possess a grand strategic vision from thousands of meters above the ground, and on the other hand, they pay extreme attention to detail. He recalled that Musk had shown him details of Tesla vehicles and discussed specific ideas such as sending plant watering devices to Mars.

Currently, Mars exploration remains the core of SpaceX's long-term strategy, and Musk continues to bet on areas such as rockets, satellites, and artificial intelligence.

According to BlockBeats, on July 22, Foundry USA, one of the largest Bitcoin mining pools, is inviting its mining clients to vote on whether the pool should support the BIP-110 Bitcoin Improvement Proposal.

BIP-110 is a soft fork proposal that is under intense discussion and aims to reduce the amount of data that can be stored in Bitcoin transactions in order to limit the space occupied by non-monetary transactions, including Ordinals.

The Foundry stated that it has provided relevant proposal information to its miner clients, and the voting window will close at Bitcoin block height 961,632, expected in early August. Miner clients can participate in the voting via a link received in an email.

BIP-110 is currently one of the most controversial proposals in the Bitcoin community. Supporters believe that the proposal will help reduce the pressure on block space from non-financial transactions; opponents, however, worry that it may affect the openness of the Bitcoin network.

Blockstream CEO Adam Back has publicly opposed BIP-110, arguing that the proposal could be used to freeze user funds. Strategy Executive Chairman Michael Saylor has also criticized the proposal, stating that it could potentially disrupt some legitimate transactions.

According to Hashrate Index data, Foundry USA currently accounts for approximately 23.8% of the Bitcoin network's hashrate, making it one of the world's largest Bitcoin mining pools. Its stance on BIP-110 may influence the future community discussion and deployment process of the proposal.

According to BlockBeats, on July 22, Kraken's parent company, Payward, announced that it is expanding its tokenized stock platform, xStocks, with plans to extend its coverage from the US stock market to Hong Kong, the UK, South Korea, and other international stock markets.

Payward stated that it is collaborating with investment infrastructure provider GTN to bring Hong Kong-listed stocks to the xStocks platform, and plans to support UK, European, and South Korean stocks upon obtaining regulatory approval. Furthermore, this collaboration lays the foundation for future expansion into other tokenized asset classes.

Mark Greenberg, Global Head of Services at Payward, said that other global markets remain important asset classes that have not yet been tokenized, and the company hopes to gradually bring global capital markets onto the blockchain through xStocks.

xStocks previously primarily offered on-chain versions of US stocks and ETFs, including popular assets such as Nvidia, Apple, and Tesla. Currently, the platform supports over 500 tokenized securities, with a cumulative trading volume exceeding $35 billion and nearly 200,000 holders. These products are not yet available to US users.

This expansion comes at a time of heightened competition in the tokenized securities sector. Institutions including Robinhood, Coinbase, Nasdaq, and the New York Stock Exchange are all pushing forward with their tokenized equity assets. Citigroup previously predicted that the tokenized securities market could reach $5.5 trillion by 2030, with the tokenized stock market accounting for approximately $2.6 trillion.