Robinhood Chain: Doubles Ethereum NFT Volume

Robinhood Chain posted more than double Ethereum daily NFT volume just weeks after mainnet launch on July 1, according to on-chain data from @OnchainDataNerd. Founder comments confirm traction beat internal forecasts, though much of the spike reflects short-term FOMO unlikely to persist.

ETH trades at $1877.46 inside Bollinger Bands with upper resistance at $1906.61 and lower support at $1862.48; the bearish MACD death cross at -4.84 and neutral RSI at 45.2 point to a likely retracement toward EMA50 resistance of $1890.75 before any continuation higher, shaping near-term ETH price prediction and Ethereum NFT volume dynamics.