Latest Update
8/12/2026 4:37:00 PM

Robinhood Chain: Weekly Users Hit 1.9M

Robinhood Chain: Weekly Users Hit 1.9M

Robinhood Chain weekly active users jump from 300K to 1.9M, fueling SOL price prediction and DEX activity across Solana.

Source

Analysis

Robinhood Chain weekly active users exploded from 300K to 1.9M by mid-week, reviving onchain trading and lifting tokens such as $CASHCAT, $HMM, $ANSEM and $PONS. The surge positions $PUMP for renewed volume, which in turn reactivates Solana DEXes and sets the stage for an upward SOL price prediction breakout that could pull in $SUI and other L1s for a brief momentum window. With SOL trading at $75.63 inside its Bollinger Band, price tests upper resistance at $77.49 while the 50-EMA at $75.37 and 200-EMA at $75.21 act as layered support; the neutral RSI at 48.38 combined with the MACD death cross at 0.2 suggests a measured pullback toward the 50-EMA before continuation, giving institutions a clear confluence zone to monitor amid the broader crypto market rotation.


Michaël van de Poppe

@CryptoMichNL

Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast