Robinhood’s announcement of a fireside chat with Vitalik Buterin in Cannes was interpreted by the market as a 24-hour surge of 17% in the ARB with Arbitrum, and HOOD moved higher after hours. (Summary: South Korea submits a “stablecoin bill” that allows domestic companies to issue and must have sufficient reserve assets) (Background supplement: Wall Street prophet warns: nearly half of the baby boomers cannot afford “pension costs”, and the housing mortgage tide brings heavy pressure to the housing market) When traditional brokerages met Layer-2, the market reaction was very direct. Robinhood announced the “biggest crypto announcement of the year” in the early hours of the 30th in X, and said that it will hold a fireside chat in Cannes, France, on Monday, with guests including Ethereum co-founder Vitalik Buterin, Robinhood Crypto general manager Johann Kerbrat and Offchain Labs CSO A.J. Warner. The post effect pushes up the short-term market As soon as the post came out, funds immediately poured into the relevant targets, and the Arbitrum (ARB) token rushed to $0.386 on the day, up 17.1% in 24 hours, and Robinhood (HOOD) also closed after hours $84.26, up 1.65%. The ARB price rose rapidly from $0.31, and even though it has fallen nearly 50% year-to-date, more than 80% from its January high of $2.39, a post still ignited speculation. The HOOD stock price simultaneously reflects the market’s expectations for the story of “traditional brokerage + on-chain infrastructure”. Robinhood and Arbitrum’s calculations Robinhood has made frequent moves this year: in May, it was reported that it was preparing an on-chain US stock trading platform in Europe and negotiating with Arbitrum and Solana; In June, it spent another $200 million to acquire Bitstamp. If Arbitrum is finally chosen, Robinhood can maintain transaction speed while reducing costs to on-chain levels, enhancing the one-stop experience of “traditional assets + crypto assets”. For Arbitrum, the introduction of Robinhood means tens of millions of user portals and brand endorsements, and fee income and ecological scale are expected to expand. Industry Demonstration and Potential Risks Cases of traditional finance embracing Layer-2 have emerged: Coinbase launched Base and Visa to test the Ethereum payment channel, and cost and settlement advantages have become key incentives. However, the regulatory trend in the United States is still uncertain, and cross-border compliance, on-chain expansion and price fluctuations are all challenges that Robinhood and Arbitrum must face. What investors should look for next The short-term focus will fall on the content of Monday’s official announcement and whether there are test transactions at on-chain addresses. If Robinhood announces a clear Arbitrum integration timeline, representing the first large-scale entry of Layer-2 into the zero-commission brokerage ecosystem, the market may re-evaluate the fundamentals of ARB and HOOD; If the result is only a technical conversation, the gains of the past 24 hours may be quickly erased. THE TECHNICAL KEY PRICE POINTS ARE ARB $0.35, HOOD $85. Regardless of the outcome, the signal of mainstream brokerages to complete the blockchain puzzle is quite clear, and investors should pay attention to official announcements and on-chain deployment details to avoid being judged by short-term fluctuations. Related stories Pension funds can buy Bitcoin! U.S. Department of Labor Rescinds 401(k) Cryptocurrency Guidelines, Unlocks Tens of Billions of Dollars Doctor Delivery and Coin Flipping Youth: Who is stealing the compound interest life of young people? Love brains should also take care of their wallets! South Korean woman took advantage of her boyfriend’s unpreparedness to transfer 680 million won and was sentenced to two years in prison (Arbitrum soared 17% in a single day! Robinhood is rumored to work together, Layer-2 enters the mainstream brokerage? This article was first published in BlockTempo’s “Dynamic Trend - The Most Influential Blockchain News Media”.
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Arbitrum big pump 17% in a single day! Robinhood is rumored to collaborate, will Layer-2 enter mainstream brokerage?
Robinhood’s announcement of a fireside chat with Vitalik Buterin in Cannes was interpreted by the market as a 24-hour surge of 17% in the ARB with Arbitrum, and HOOD moved higher after hours. (Summary: South Korea submits a “stablecoin bill” that allows domestic companies to issue and must have sufficient reserve assets) (Background supplement: Wall Street prophet warns: nearly half of the baby boomers cannot afford “pension costs”, and the housing mortgage tide brings heavy pressure to the housing market) When traditional brokerages met Layer-2, the market reaction was very direct. Robinhood announced the “biggest crypto announcement of the year” in the early hours of the 30th in X, and said that it will hold a fireside chat in Cannes, France, on Monday, with guests including Ethereum co-founder Vitalik Buterin, Robinhood Crypto general manager Johann Kerbrat and Offchain Labs CSO A.J. Warner. The post effect pushes up the short-term market As soon as the post came out, funds immediately poured into the relevant targets, and the Arbitrum (ARB) token rushed to $0.386 on the day, up 17.1% in 24 hours, and Robinhood (HOOD) also closed after hours $84.26, up 1.65%. The ARB price rose rapidly from $0.31, and even though it has fallen nearly 50% year-to-date, more than 80% from its January high of $2.39, a post still ignited speculation. The HOOD stock price simultaneously reflects the market’s expectations for the story of “traditional brokerage + on-chain infrastructure”. Robinhood and Arbitrum’s calculations Robinhood has made frequent moves this year: in May, it was reported that it was preparing an on-chain US stock trading platform in Europe and negotiating with Arbitrum and Solana; In June, it spent another $200 million to acquire Bitstamp. If Arbitrum is finally chosen, Robinhood can maintain transaction speed while reducing costs to on-chain levels, enhancing the one-stop experience of “traditional assets + crypto assets”. For Arbitrum, the introduction of Robinhood means tens of millions of user portals and brand endorsements, and fee income and ecological scale are expected to expand. Industry Demonstration and Potential Risks Cases of traditional finance embracing Layer-2 have emerged: Coinbase launched Base and Visa to test the Ethereum payment channel, and cost and settlement advantages have become key incentives. However, the regulatory trend in the United States is still uncertain, and cross-border compliance, on-chain expansion and price fluctuations are all challenges that Robinhood and Arbitrum must face. What investors should look for next The short-term focus will fall on the content of Monday’s official announcement and whether there are test transactions at on-chain addresses. If Robinhood announces a clear Arbitrum integration timeline, representing the first large-scale entry of Layer-2 into the zero-commission brokerage ecosystem, the market may re-evaluate the fundamentals of ARB and HOOD; If the result is only a technical conversation, the gains of the past 24 hours may be quickly erased. THE TECHNICAL KEY PRICE POINTS ARE ARB $0.35, HOOD $85. Regardless of the outcome, the signal of mainstream brokerages to complete the blockchain puzzle is quite clear, and investors should pay attention to official announcements and on-chain deployment details to avoid being judged by short-term fluctuations. Related stories Pension funds can buy Bitcoin! U.S. Department of Labor Rescinds 401(k) Cryptocurrency Guidelines, Unlocks Tens of Billions of Dollars Doctor Delivery and Coin Flipping Youth: Who is stealing the compound interest life of young people? Love brains should also take care of their wallets! South Korean woman took advantage of her boyfriend’s unpreparedness to transfer 680 million won and was sentenced to two years in prison (Arbitrum soared 17% in a single day! Robinhood is rumored to work together, Layer-2 enters the mainstream brokerage? This article was first published in BlockTempo’s “Dynamic Trend - The Most Influential Blockchain News Media”.