Connect with us

Crypto World

Robinhood Chain Testnet Launches on Arbitrum for Tokenized Real-World Assets

Published

on

21Shares Introduces JitoSOL ETP to Offer Staking Rewards via Solana

TLDR:

  • Robinhood Chain testnet enables developers to build financial-grade apps on Arbitrum technology
  • Infrastructure partners Alchemy, Chainlink, LayerZero, and TRM already integrating with platform
  • Testnet will feature Stock Tokens for integration testing ahead of mainnet launch later in 2025
  • Platform supports tokenized assets, lending protocols, and perpetual futures exchanges on Layer 2

 

Robinhood Chain has officially launched its public testnet, marking a major step in the company’s blockchain ambitions.

The Layer 2 network, built on Arbitrum technology, targets financial services and tokenized real-world assets. Developers can now access the testnet to build and validate applications on the Ethereum-compatible platform.

Infrastructure partners including Alchemy, Allium, Chainlink, LayerZero, and TRM have already begun integration work.

Infrastructure and Technical Foundation

Robinhood announced the testnet launch through its official social media channels, inviting developers to explore the platform’s capabilities.

Advertisement

The company tweeted that developers can now build on a financial-grade Ethereum Layer 2 designed to support tokenized assets.

The network provides compatibility with standard Ethereum development tools while leveraging Arbitrum’s proven Layer 2 technology.

This approach enables developers to work within a familiar environment while accessing enhanced scalability features.

The company has published comprehensive developer documentation at https://docs.robinhood.com/chain to support early builders.

Network entry points are now accessible, allowing participants to connect and begin testing their applications. The testnet phase serves multiple purposes, from identifying technical issues to establishing network stability before mainnet deployment.

Advertisement

Johann Kerbrat, SVP and GM of Crypto and International at Robinhood, outlined the platform’s vision in a statement. “The testnet for Robinhood Chain lays the groundwork for an ecosystem that will define the future of tokenized real-world assets,” he said.

The executive added that the platform will “enable builders to tap into DeFi liquidity within the Ethereum ecosystem.” Kerbrat expressed enthusiasm about collaborating with infrastructure partners to bring financial services onchain.

Early infrastructure partners play a crucial role in the testnet phase. Their involvement ensures that essential services and tools are available from the start.

This collaborative approach aims to create a robust foundation for future applications and services on the network.

Advertisement

Developer Features and Future Roadmap

The testnet environment supports seamless bridging and self-custody functionality for digital assets. Developers can build financial-grade decentralized products, including tokenized asset platforms and lending protocols.

The architecture also accommodates perpetual futures exchanges and similar complex financial applications.

Robinhood plans to introduce testnet-only assets in coming months to facilitate integration testing. Stock Tokens will be available exclusively for development purposes, allowing builders to test trading mechanisms and settlement processes. Direct testing with Robinhood Wallet will provide additional integration opportunities for developers.

The platform emphasizes reliability, security, and compliance as core design principles. These priorities reflect Robinhood’s experience in regulated financial services and its infrastructure capabilities. The mainnet launch is scheduled for later this year, though specific timing remains to be announced.

Advertisement

Steven Goldfeder, Co-Founder and CEO of Offchain Labs, emphasized the partnership’s potential in his remarks. “With Arbitrum’s developer-friendly technology, Robinhood Chain is well-positioned to help the industry deliver the next chapter of tokenization,” he stated.

Goldfeder noted the collaboration aims to advance permissionless financial services across the ecosystem. “Working alongside the Robinhood team, we are excited to help build the next stage of finance,” he added.

 

Advertisement

Source link

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Crypto World

IREN deepens AI push with 50,000 Nvidia GPU order; shares fall on at-the-market offering

Published

on

Russia crypto mining pioneer Igor Runets put under house arrest on tax charges

IREN (IREN), a data center operator focused on AI cloud infrastructure, said it agreed to buy more than 50,000 specialized processing chips from Nvidia (NVDA), expanding its capacity by about 50%.

The B300 GPUs, or graphic processing units, will take the Sydney-based company’s total AI compute fleet to about 150,000 GPUs. A GPU is a specialized chip for performing large numbers of parallel computations, enabling the training and operation of artificial intelligence models at high speed.

The company also filed for a potential at-the-market share sale of up to $6 billion as part of its broader capital management strategy. The shares dropped 5% in pre-market trading on Thursday due to potential dilution.

The additional hardware is expected to be deployed in phases through the second half of 2026 across the company’s air-cooled data centers in Mackenzie, British Columbia, and Childress, Texas. Once fully deployed, the expanded fleet is projected to support more than $3.7 billion in annualized AI cloud revenue, positioning IREN among the larger AI cloud infrastructure providers globally.

Advertisement

IREN said it has secured about $9.3 billion in funding over the past eight months through customer prepayments, convertible notes, GPU leasing and financing arrangements, with roughly $3.5 billion in additional capital expenditures expected for the new GPU deployments in the second half of 2026.

Source link

Continue Reading

Crypto World

Leading AI Claude Predicts the Price of XRP, Solana and Cardano by the end of 2026

Published

on

Leading AI Claude Predicts the Price of XRP, Solana and Cardano by the end of 2026

War news may have investors on edge, but when fed a careful prompt, Claude AI reveals the medium-to-long-term outlook for crypto markets is only strengthening.

Investors appear to have largely priced in geopolitical risk earlier this year, following sharp selloffs sparked by former President Trump’s comments on potential U.S. military escalation tied to Greenland and Iran.

Against that backdrop, Claude is forecasting fresh all-time highs (ATHs) in 2026 for XRP, Solana and Cardano.

XRP ($XRP): Claude AI Sees a 6x Surge in 10 Months

Advertisement

In a recent statement, Ripple reiterated that XRP ($XRP) sits at the center of its strategy to position the XRP Ledger (XRPL) as a global, enterprise-grade payments network.

Leading AI Claude Predicts the Price of XRP, Solana and Cardano by the end of 2026
Source: Claude

With near-instant settlement and extremely low transaction fees, XRPL is likely to gain an early lead in two of crypto’s fastest-expanding sectors: stablecoins and tokenized real-world assets.

XRP is currently trading around $1.40, and Claude’s projections point to a possible surge toward $8 before year-end, implying a sixfold increase from current levels.

Technical indicators support the optimistic outlook. XRP’s relative strength index (RSI) is sitting at a neautral 50, while prices have stabilized around the 30-day moving average, suggesting the prolonged consolidation phase may be over.

Additional upside drivers include growing institutional exposure following the launch of U.S.-listed XRP ETFs, Ripple’s expanding global partnerships, and the prospect of clearer regulation if the CLARITY bill advances through Congress later this year.

Solana (SOL): Could Solana Really Break Past Its Previous High This Year?

Advertisement

Solana ($SOL) currently secures $6.8 billion in total value locked and has a market capitalization of $52 billion.

Institutional interest accelerated after the recent rollout of Solana-based exchange-traded funds from major asset managers, including Bitwise and Grayscale.

Despite this, SOL pulled sharply back toward the end of 2025 and spent much of February trading below $100.

Under Claude’s most bullish scenario, Solana could rally from its current price near $91 to $500 by Christmas. That would represent a 5.5x gain and place Solana high above its current ATH of $293, reached in January 2025.

Advertisement

Strengthening the long-term case, asset managers like Franklin Templeton and BlackRock are deploying tokenized products on Solana, highlighting the network’s early lead as a scalable, institution ready blockchain.

Cardano (ADA): Claude AI Envisions Up to 1,000% Upside

Created by Charles Hoskinson, Cardano ($ADA) focuses on academic research, rigorous security standards, scalability, and long-term sustainability.

With a market value over $10 billion and more than $140 million in TVL, Cardano’s ecosystem continues to expanding in step with the industry leaders.

Advertisement

Claude’s outlook suggests ADA could rise by more than 1,-00%, climbing from roughly $0.28 today to nearly $3.25 by Christmas. That would surpass its previous peak of $3.09 set in 2021.

The biggest driver for Cardano’s growth would be comprehensive crypto legislation in the US. With regulatory certainty comes capital, which will allow the best altcoins to decouple from Bitcoin’s price movements.

Given the global uncertainty, further downside cannot be ruled out, including a potential drop toward $0.15 if bearish conditions intensify.

Maxi Doge: Early-Stage Meme Coin Targets Explosive Gains

Advertisement

Strength in XRP, Solana and Cardano will spill over into the meme coin sector, as historically seen during major bull cycles.

One emerging project attracting significant attention is Maxi Doge ($MAXI), which has already raised $4.7 million in its ongoing presale as meme coin traders speculate it could dethrone Dogecoin.

Maxi Doge brands itself as Dogecoin’s brash, gym-obsessed degen cousin, tapping into the viral, loud meme culture that defined the 2021 bull market.

Launched as an ERC-20 token on Ethereum’s proof-of-stake network, MAXI also has a smaller environmental footprint compared to Dogecoin’s proof-of-work design.

Advertisement

Early presale buyers can currently stake MAXI for yields of up to 67% APY, with rewards tapering as additional tokens enter the staking pool.

The token is $0.0002807 in the current presale round, with automatic price increases scheduled at each funding milestone.

Investors looking to secure tokens can visit the official website and connect a supported wallet such as Best Wallet.

Purchases can also be completed using a bank card.

Advertisement

Visit the Official Website Here

The post Leading AI Claude Predicts the Price of XRP, Solana and Cardano by the end of 2026 appeared first on Cryptonews.

Source link

Advertisement
Continue Reading

Crypto World

Stablecoin Inflows Rebound as Yield Debate Stalls US Market Structure Bill

Published

on

Stablecoin Inflows Rebound as Yield Debate Stalls US Market Structure Bill

Weekly net stablecoin inflows rebounded last week as onchain activity picked up even while US lawmakers and banking groups sparred over whether stablecoin issuers should be allowed to pay yield, according to a new report from Messari.

Weekly net stablecoin inflows accelerated to $1.7 billion, a 414.5% increase week-on-week, according to the report published on Wednesday.

The recovery also flipped the 30-day average to a positive $162.5 million in daily inflows. Transaction volumes also rose 6.3%, while average transaction size continued to decline, reflecting renewed stablecoin issuance demand and “strengthened” onchain activity amid retail investors, the report said.

Stablecoin inflows track net new stablecoins entering circulation after accounting for redemptions.

Advertisement

The surge follows a weaker period earlier in the year. Messari data showed $249 million in weekly inflows two weeks earlier and $4.4 billion in net outflows over the 30 days leading up to Feb. 18.

Top stablecoins by yield percentage. Source: Messari

Stablecoin yield debate stalls US market structure bill

The renewed demand comes as debate in Washington has sharpened over “yield-bearing” stablecoins. Banking groups have argued that allowing stablecoin issuers to pay yield would create a loophole that could pull deposits away from banks, and have urged lawmakers to restrict the practice as they negotiate a broader crypto market structure bill.

Related: Indiana lawmakers pass crypto rights bill banning discriminatory taxes

Initially scheduled for mid-January, the Senate Banking Committee’s markup of the bill was postponed indefinitely amid disputes over stablecoin yield.

On Tuesday, US President Donald Trump criticized banks for stalling the Senate’s bill.

Advertisement

“The Genius Act is being threatened and undermined by the Banks, and that is unacceptable — We are not going to allow it,” said Trump in a Tuesday post on the Truth Social platform.

Congress, Banking, Stablecoin
Source: Donald Trump

Related: Tether invests in AI sleep tracking firm at a $1.5B valuation

The GENIUS Act, a federal framework for regulating stablecoin issuers, prohibits issuers from paying interest or yield solely for holding a payment stablecoin. Third-party platforms, however, can still offer rewards programs tied to stablecoin balances.

Separately, the Digital Asset Market Structure Clarity Act, known as the CLARITY Act, is designed to provide a broader regulatory framework for digital assets. The House passed the measure on July 17, 2025, and it has been under debate in the Senate.

Magazine: How crypto laws changed in 2025 — and how they’ll change in 2026

Advertisement