DeFi Researcher Ignas Sees Funds Rotating From Robinhood Ecosystem to Solana

DeFi researcher Ignas said on X that some on-chain funds appear to be rotating from the Robinhood ecosystem to Solana. According to Odaily, Solana ecosystem trading infrastructure tokens strengthened over the past 24 hours, with RAY up 60%, JUP up 21%, ORCA up 12%, and MET up 13%. Cross-chain data showed Solana bridged funds increased by about $18.8 million, while Robinhood Chain fell by about $47.8 million. Ignas said the bridge size remains small relative to overall TVL, but some traders may be taking profits from Robinhood ecosystem meme coins and buying Solana trading infrastructure tokens instead.