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2026-02-19 12:41:02

Robinhood Layer-2 Testnet Logs 4 Million Transactions in Crypto First Week

Robinhood loves crypto and really wants to get on-chain as soon as possible. The company’s new Layer-2 testnet just processed 4 million transactions in 7 days. CEO Vlad Tenev confirmed the milestone, framing the chain as a bridge between traditional finance and on chain markets. Built on Arbitrum, the network is designed for high throughput financial apps. And the timing is interesting. Even as crypto revenue fell 38% year over year in Q4 2025, Robinhood is doubling down on tokenization and 24/7 trading infrastructure. They are building for the ‘next cycle’. Key Takeaways Massive Throughput: The testnet logged 4 million transactions in its first week, validating initial network scalability. RWA Focus: Built on Arbitrum, the chain is optimizing for tokenized stocks, ETFs, and round-the-clock settlement. Infrastructure Pivot: Despite softer crypto revenues, Robinhood is integrating major partners like Alchemy and Chainlink to own the full stack. Why Is This Surge Significant? Four million transactions in one week suggests serious developer interest or deliberate stress testing of the network. Robinhood goal is to build a dedicated lane for institutional grade finance on Ethereum. That means speed, reliability, and compliance ready design from day one. Robinhood: Layer 2 Testnet Complete Guide Funding: $5.77 Billion @RobinhoodApp is already an established platform offering stocks, options, crypto, retirement accounts, cards, and advanced trading tools in one seamless app. Now Robinhood is launching its own… pic.twitter.com/LyFaMxq4Gb — Crypto Guruji (@CryptoGurujiOG) February 17, 2026 The timing also fits a bigger pattern. Instead of chasing short term revenue, Robinhood is laying down rails for tokenized assets and round the clock trading. If tokenization really becomes the freight train Tenev describes, this testnet is the first stretch of track. Robinhood Built a GOOD Crypto Infrastructure The network quietly went through six months of private testing before anyone else touched it. Now it is live on testnet. And people are already playing with it. Developers are building tools focused on tokenized real world assets and onchain finance. Vlad Tenev hinted that the next phase of finance is moving fully onchain. Four million transactions in the first week of Robinhood Chain testnet. Developers are already building on our L2, designed for tokenized real world assets and onchain financial services. The next chapter of finance runs onchain. — Vlad Tenev (@vladtenev) February 19, 2026 But here is where it gets interesting. Users are testing “stock tokens” tied to names like Tesla, Amazon, and Netflix. They get testnet ETH to cover gas and try it out. Behind the scenes, they brought in serious infrastructure. LayerZero handles interoperability. Chainlink feeds in reliable data. That part matters. Bad oracle or bridge data has wrecked DeFi protocols before. Robinhood clearly wants to avoid that mess. Traders should expect a mainnet launch later this year, though a specific date remains unannounced. The true test will be whether Robinhood can migrate its massive retail user base onto the chain without friction. Discover: Here are the crypto likely to explode! The post Robinhood Layer-2 Testnet Logs 4 Million Transactions in Crypto First Week appeared first on Cryptonews .

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