Yes robinhood chain is topped. The aggregated mcap of all native runners is lower than Bonk alone in Dec 2023.
Full data report to put in context the current state of robinhood chain coming soon.
early and long
Back in @ngso after getting locked out
Volume on-chain has definitely slowed down a bit, but that’s not necessarily a bad thing. A reset was probably needed.
Healthy ecosystems don’t move straight up forever. Let things cool off and flush the noise.
Horrible take
“people’s chain” after a year of ignoring retail and the main reason anyone even started using sol last cycle
RH is already where retail sits. vlad is pushing that stack onchain now, that’s why it leads this cycle over sol.
I think RH chain dies with AI, Pons and others going to zero and Solana takes over the mantle and leads the rest of the cycle. Never forget Solana is the people's chain.