$CASHCAT, the flagship memecoin on @RobinhoodCrypto's layer-2 network, is back in the spotlight. The token has surged nearly 30% in the past 24 hours, pushing to a new all-time high above a $
$CASHCAT, the flagship memecoin on @RobinhoodCrypto's layer-2 network, is back in the spotlight. The token has surged nearly 30% in the past 24 hours, pushing to a new all-time high above a $280 million market cap as activity on Robinhood Chain continues to accelerate.
The broader Robinhood Chain ecosystem is driving much of the current market conversation. Assets tied to the network account for roughly 90% of the top trending tokens on CoinGecko and most major token aggregators, reflecting the chain's outsized pull on retail attention at the moment.
That attention is backed by real volume. 24-hour DEX volume on the Ethereum layer-2 crossed $1.58 billion, with weekly figures up nearly 90% according to DefiLlama data. The most recent milestone cited in the original report puts Uniswap volume on the chain at $1.3 billion, a figure consistent with the chain's rapid growth trajectory since its July 1 mainnet launch.
The bulk of Robinhood Chain's trading activity flows through Uniswap, with v4 and v3 deployments together handling roughly 90% of all DEX activity on the chain's biggest days.Total value locked on Robinhood Chain surged from $4 million in June to roughly $1.4 billion by late August.
$CASHCAT has emerged as the chain's most closely watched token. CASHCAT is a memecoin native to Robinhood Chain, the Ethereum layer-2 that Robinhood launched on July 1, 2026.Key catalysts for the token have included new exchange listings and the growth of the Robinhood Chain ecosystem itself, with CASHCAT listed directly on the Robinhood app on August 6, 2026, which provided a major boost.
CASHCAT helped drive the chain to a new DEX volume record on August 30 and was subsequently listed as a top trending memecoin heading into September 2026 with a market cap above $210 million. The token's latest push has now taken that market cap above $280 million, according to the original report.
It is worth noting the speculative nature of the asset. The token has no revenue, no assets, and no utility, so its price depends entirely on attention, which has already proven it can leave in a day.A 90-day gas subsidy covering transaction fees through the end of September 2026 also raises the central question of whether volume holds once users start paying for their own trades.
Sources:Robinhood Chain DEX Volume Milestone, crypto.newsRobinhood Chain DEX Volume Surges to $2B, Crypto BriefingCASHCAT Put Robinhood Chain Ahead of Hyperliquid in DEX Volume, Yahoo Finance
