case retweeted
I don't understand the people rooting for Robinhood Chain to die. It's the best chance we have at getting back the volume we had on Solana in 2025.
I don't think the recent decline is all on the Robinhood team, but they could have done better. So here's what I think went wrong and how they could win back their market share, because we should all want Robinhood Chain to come back.
Distribution was the whole point
A lot of Robinhood Chain's success came from the hope of distribution to the 25M customers on the main app. That's what brought the volume in the first place: the dream of reaching buyers outside our CT echo chamber.
Listing $CASHCAT in the main app accelerated that. Today over 20% of its supply sits in Robinhood wallets. That tells us, and the team, that app customers really do want onchain tokens.
We expected it to continue. Robinhood would help push tokens past their usual ceilings by putting them in front of a far bigger customer base, like they did with $CASHCAT. That didn't happen.
$PONS ran to almost a billion dollars and Robinhood did nothing. Coinbase listed $PONS before Robinhood did, and Binance listed $AI before Robinhood did. Distribution is why these coins went so high in the first place, and after $CASHCAT we got no help.
The chain needs leaders
A chain is a living ecosystem. It needs leaders who give it direction and bring it to life. Vlad and the team were very active in the first 60 days, and that's why everyone traded there.
As the summit got closer, the team went quiet and focused on other things. That's when we started to dump. It began to feel like Base, where the founder is out of touch with the trenches and slow to react.
Then the summit itself gave a lot of people hope for a roadmap, or anything that pointed the chain in a direction. We got nothing. The chain wasn't mentioned once.
Chain TVL is at an all time high, because RWA tokenization works. That doesn't mean anything else works.
Builder support is missing too. The Robinhood account has recently interacted with some projects on the chain, which is good. But formal support would help aspiring builders a lot: grants, hackathons, audit help, market making and incentives.
It can still be saved
All of this makes it sound like the chain didn't work out. It can still be saved if they act now.
1. Engage with the chain. We need a founder who's in touch with the ecosystem and engages with the cool stuff being built.
2. List more onchain tokens than $CASHCAT. The goal shouldn't be to kingmake one token. It should be to support the whole ecosystem by showing that any token can make it into the main app if it builds something good or gets enough attention. That's what keeps traders on the chain.
3. A formal builder support. If that means growing the team and bringing in more onchain natives to help the chain grow, make it the priority. Put a hackathon, grants and general help on the roadmap.
Nobody expected the chain to grow the way it did. Now it's time to adapt to the growth.
You still have the chance to revive the trenches here. @vladtenev @JohannKerbrat @fern
case retweeted
The main catalyst for privacy becoming a trillion dollar asset class is by becoming quantum-secure money while maintaining the basic functions needed to meet the demands of the crypto consumer. This is my ultimate case for why Umbra is generationally undervalued, right here and now.
Umbra is crypto-agile by design. Every primitive sits behind a versioned suite with its own identifier, so moving to a post-quantum scheme is a planned upgrade, not a redesign. Umbra doesn't need to wait for the threat of quantum to show up before it becomes quantum-secure. Most of the move is already done and the rest is a short step away.
Anything that has to stay safe for years is post-quantum today on Umbra. Anything that only has to hold up for the next few years can be replaced quickly, and will be replaced quickly here soon.
Two variables that make the case for Umbra as undervalued privacy infrastructure:
1. Post-quantum privacy protocols will become extremely valuable as the threat of quantum continues to increase.
2. Umbra is prepared for post-quantum, today.
The hybrid investor-consumer in crypto needs safe custody of their assets, and the ability to use any and all DeFi primitives with those assets. Umbra is the only privacy protocol that meets both demands.
not only am i not worried about the crypto community's ability to handle the upcoming ai/quantum threat, i will venture to say that in the next 2 yrs the world will realize crypto is far better prepared for it than the rest of the internet and finance. we've had a trillion dollar *irreversible* honey pot for a decade, producing a far more battletested system and adversarial security culture than pretty much anywhere else on earth.
this is honestly the main bull case rn
and in the dark forest, privacy is the best form of security
not only am i not worried about the crypto community's ability to handle the upcoming ai/quantum threat, i will venture to say that in the next 2 yrs the world will realize crypto is far better prepared for it than the rest of the internet and finance. we've had a trillion dollar *irreversible* honey pot for a decade, producing a far more battletested system and adversarial security culture than pretty much anywhere else on earth.
but you can hold hundreds of hectares of remote pristine coastal jungle
enough tools and raw materials to keep you busy with projects for a lifetime
off grid systems with redundancy and backups in climate controlled storage
heavy machinery to shape the earth around you according to your needs
and 5 or so high performance surfboards for physical/mental/spiritual fulfillment
You can’t hold cash because it isn’t backed by gold and gets printed until it’s worthless
and you can’t hold gold because they’re about to figure out alchemy and mine it from asteroids so it’s worthless
and you can’t hold digital cash because the internet is getting hacked so it’s worthless
and you can’t hold stocks because the ai bubble is about to burst so they’re worthless
and you can’t hold crypto because it’s worthless (and it’s getting hacked by ai and quantum so it’s even more worthless)
and you can’t hold oil because it’s highly flammable and we’re entering ww3 so it’s worthless
and you can’t hold food because it’s perishable so it’s worthless
and
case retweeted
if there was anyone actually trading right now shit would have fallen through the floor already lmao
case retweeted
The death of Juice vs. Sauce and rise of Aura is the largest contributor to cultural rot.
Crypto, for instance, believes all Aura is equal. That couldnt be further from the truth
Kimchis and the like only have juice, which is temporary. Sauce is forever.
Study gucci mane
case retweeted
introducing pwn.watch 👀 one place for following all the live security incidents
it serves rss + llms.txt so u can paste to your clankers
tell them to watch it on a schedule and sleep at night 😴
100% free but kitze.io/sponsors will appear on it ❤️
case retweeted
The degradation of real fundamental discourse on crypto twitter has officially hit an all time low.
Suggest spending time with smart and purposeful friends and ignoring the memecoin theatrical brainrot timeline.
Great market conditions are coming, don't fumble this cycle.
gl.
this is how you need to be thinking, if you master this you can literally just ignore all the noise/narrative bullshit, which is all just downstream of positioning anyways
case retweeted
Probably one of the best reports we will ever put out.
Poured my heart and soul into this so please take a look.
