Robinhood’s Ethereum Layer 2 chain just crossed a milestone that most new networks spend months chasing. The amount of ETH bridged to Robinhood Chain jumped roughly 30% in a single week, pushing total bridged value past $200 million and landing at approximately $203 million.

From testnet to $200M in record time

Robinhood Chain is built on Arbitrum technology, making it part of the growing family of Ethereum Layer 2 rollups designed to offer faster and cheaper transactions while inheriting Ethereum’s security. The public testnet went live back on February 10, 2026, giving developers and early users several months to kick the tires before the mainnet launch.

Within the first week after the July 1 launch, bridged ETH volumes had already surpassed $170 million. The subsequent 30% weekly increase pushed the figure past the $200 million mark.

To sweeten the deal for newcomers, Robinhood announced that gas fees for eligible users would be covered for the first 90 days of operation.