CASHCAT Surges 2,158% in Seven Days as Memecoin Trading Overtakes Robinhood Chain’s Tokenized-Stock Use Case

CASHCAT rose 2,158% over the past seven days as memecoin trading became the dominant activity on Robinhood Chain, overtaking its tokenized-stock use case. According to NS3.AI, tokenized real-world assets on the chain were valued at $12.81 million, while CASHCAT’s market capitalization reached $156 million. DefiLlama data showed the chain’s total value locked climbed to about $135 million, up from $17 million on July 3. Over the past week, Robinhood Chain also recorded $3.1 billion in decentralized exchange trading volume.