Robinhood Chain Rally Lifts HOOD to $110

HOOD rose to $110 in extended trading after on-chain analytics showed Robinhood Chain’s total value locked reached $783 million and decentralized exchanges on the chain handled $20.3 billion in 30-day volume. Twenty-four-hour DEX volume on the chain was about $1.55 billion.

By total value locked, Robinhood Chain ranks roughly 11th among smart-contract chains and is ahead of Cardano, Avalanche, Sui, Stellar and Near Protocol on that metric. Stablecoin balances on the chain are approximately $868 million, a level near 14th by stablecoin supply.

The stock has recovered from a year-to-date low of $63.50, trading around $106.90 before extended-hours strength pushed it to about $110, an increase of more than 70% from that low. Price indicators show shares trading above the 50-day and 100-day exponential moving averages and above an ascending trendline that traces lows since April. Market participants identify $110 as a key resistance level; a sustained move above it could put $120 into focus.

Robinhood has expanded beyond commission-free brokerage into options trading and crypto services. The company acquired Bitstamp and has entered prediction markets through a partnership with Kalshi. It has been rolling out a proprietary trading platform developed with Susquehanna, launched a wealth management service, and is working with a U.S. government initiative on a product. The firm reports more than 28.4 million funded accounts and total platform assets exceeding $369 billion.

Analysts project annual revenue near $5.19 billion for the current year, about 16% higher year-over-year, and roughly $6.55 billion the following year. Company executives have discussed potential token strategies tied to Robinhood Chain, but no token has been announced.

Market observers will watch trading volume, liquidity metrics and whether chain activity and product rollouts coincide with continued moves in HOOD shares in the coming weeks.