Robinhood: Deploys Arbitrum L2 Chain Live
Robinhood launches Arbitrum L2 chain with Uniswap at $0.08 ARB, rolls out stock tokens in 120 countries and 7% APY Earn product.
SourceAnalysis
Robinhood deployed its own Layer 2 chain built on Arbitrum with Uniswap and Chainlink as day-one partners.
Global Product Expansion
Stock tokens now trade 24/7 inside the Robinhood Wallet across 120 countries and serve as DeFi collateral. Robinhood Earn offers an estimated 7% APY on USDG deposits insured by Lloyd's of London. Perpetual futures on stocks, gold, silver and FX launch in Europe with up to 10x leverage while crypto trading opens in Canada with zero fees through September 30.
ARB Technical Confluence
ARB holds at $0.08 where the EMA50 provides immediate support against the EMA200 at $0.09. The MACD golden cross confirms bullish structure while RSI at 55.73 leaves room for continuation. Price sits inside the Bollinger band and tests the upper resistance at $0.08, pointing to a measured pullback toward the 50-EMA before the next leg higher. This Arbitrum layer 2 expansion directly feeds into ARB price prediction models and reduces downside risk in any near-term crypto market correction.
Evan
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