π° Robinhood Chain Rockets to #1 RWA Network, Overtaking Ethereum and Solana on Holders
β’ 328,039 holders β Robinhood Chain topped the RWA.xyz network leaderboard less than a month after its July 1 mainnet launch, edging out Solana's 312,443.
β’ 100% distribution ratio across 97 tokenized assets (mostly tokenized US stocks like NVIDIA and Apple), versus Avalanche's 14.4% or MANTRA's 0.3%.
β’ Ethereum still holds the most absolute value ($17.2B, ~48% of the market), but Robinhood's retail distribution speed β tapping its 28M existing users β is the real signal here.
β’ "A brokerage app that decided to become the settlement layer" β though SEC scrutiny of its debt-based Stock Tokens remains an overhang.
π Read more
#rwaxyz