According to @MilkRoadDaily, roughly 420M SOL is currently staked on Solana, while Marinade Finance accounts for about 10M SOL (around 2% share), highlighting its smaller footprint versus network totals; source: @MilkRoadDaily. According to @MilkRoadDaily, Marinade has launched native staking that delegates SOL directly to validators while Marinade optimizes rewards in the background; source: @MilkRoadDaily. According to @MilkRoadDaily, the protocol is generating about $13M in annual revenue and is allocating 50% of that revenue to MNDE buybacks that began on September 5; source: @MilkRoadDaily. According to @MilkRoadDaily, MNDE has a real market cap near $60M, implying an approximate 4x revenue multiple, and MNDE trades around $0.10; source: @MilkRoadDaily.

According to @StockMKTNewz, digital brokerage Robinhood (HOOD) is significantly expanding its cryptocurrency offerings by developing its own Layer-2 blockchain based on Arbitrum (ARB) technology. The company has launched tokenized stock trading on the Arbitrum network for European users, providing 24/7 access to over 200 U.S. equities and ETFs, as stated in a company release. For U.S. investors, Robinhood has introduced crypto staking for Ethereum (ETH) and Solana (SOL), allowing users to earn rewards directly within the application. Additionally, the firm is rolling out perpetual futures for European clients through its recently acquired Bitstamp exchange. Robinhood CEO Vlad Tenev stated that these initiatives aim to lay the groundwork for crypto to become the 'backbone of the global financial system'.