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FollowingMeme tokens in the Robinhood Layer 2 ecosystem continue to heat up, and $HOOD has become the latest focus.
@ Robinhood Crypto's Meme token ecosystem on the Layer 2 blockchain is continuing to gain strong momentum. The $HOOD token launched by TheGreenHood (@Greenonhood) has become a rising star that attracts traders 'attention. According to CoinGecko data, in the past 24 hours,$HOOD has increased by more than 150%, following the overall upward trend of the crypto market. Since its launch in early September, the token has increased by more than 1,800% in two weeks.
The emerging Meme token chain
The Robinhood Chain was not originally built for Meme tokens. Robinhood launched its own blockchain on July 1, 2026. Its core selling points focus on tokenized stocks, real-world assets (RWA) and all-weather trading channels.
However, similar to the development trajectory of other new chains, speculative traders are often the first to flock in. Although Robinhood positions itself as a regulated trading venue for tokenized real-world assets, these assets account for only approximately $12.8 million in the chain, while Meme tokens dominate activity and market value. CoinGecko data shows that as of July 27, 2026, Meme tokens accounted for approximately 79.2% of Robinhood Chain Decentralized Exchange (DEX) transactions.
This trend subsequently intensified. As of September 17, the lock-in value on the chain was approximately US$929 million; on a single day on September 13, DEX trading volume reached US$1.88 billion. Meme token launch platform Pons also played a key role in driving activity: In early September, Pons generated approximately US$5.95 million in fees in 24 hours, launching nearly 25,000 tokens in a single day, and trading volume reached US$544 million that day.
$HOOD stands out in a competitive market
Since day one, the Meme token space on Robinhood Chain has been full of competition, with tokens such as CASHCAT, Cash Dog and Hoodrat all vying for traders 'attention. The chain has developed a unique Meme token culture driven by community drive, viral narrative, and the constant pursuit of the next breakthrough project.
$HOOD, TheGreenHood (@Greenonhood)'s latest hit, has successfully stood out from the competition and has grown far more than most of its peers since its launch. However, as with all Meme token markets, the risks remain significant. Prices can quickly reverse while rising rapidly, and some fraudulent tokens that disappear after purchase trigger complaints from users, leaving buyers with empty wallets and nowhere to be held accountable. Traders are advised to conduct independent research before participating.
