CASHCAT Weekly Gain 120%, Robinhood Chain Total Value Locked Rises to $774 Million
Source：
www.coindesk.com
The Meme coin CASHCAT on Robinhood Chain surged 120% over the past week, with its market cap recovering to approximately $86 million, though it remains significantly below the mid-July peak of around 22 cents. Meanwhile, the total value locked on Robinhood Chain reached $774 million, up 20% over 7 days, primarily driven by the two protocols Morpho and Ethena. At the same time, hype surrounding on-chain token issuance has cooled significantly compared to the July peak, but stablecoin scale, tokenized real-world assets, and on-chain deposits continue to grow.
