Ethereum’s Layer 2 Momentum: Robinhood’s 98% Crypto Revenue Surge Signals Bullish Future

In a striking display of resilience amid market volatility, Robinhood has reported a staggering 98% year-over-year surge in crypto revenue for Q2 2025, reaching $160 million. This performance starkly contrasts with Kraken's quarterly declines, highlighting Robinhood's strategic edge in the retail crypto space. The platform's 32% increase in crypto trading volume to $28 billion was driven by innovative offerings like European tokenized stocks and ambitious plans for an Arbitrum-based Layer 2 protocol. As Ethereum's ecosystem continues to expand with Layer 2 solutions, Robinhood's bullish trajectory underscores the growing institutional and retail confidence in digital assets. This development not only reinforces Ethereum's dominance in smart contract platforms but also sets the stage for accelerated adoption of scalable blockchain solutions in mainstream finance.

Robinhood Outshines Kraken with 98% Crypto Revenue Surge Amid Market Volatility

Robinhood and Kraken delivered divergent quarterly performances in Q2 2025, with the former posting a 98% year-over-year crypto revenue jump to $160 million. The retail-focused platform saw crypto trading volume climb 32% to $28 billion, fueled by European tokenized stock offerings and plans for an Arbitrum-based LAYER 2 protocol.

While Kraken experienced sharp quarter-over-quarter declines, both exchanges maintained strong annual growth metrics. Robinhood's total net revenue hit $989 million—a 45% YoY increase—as transaction-based revenues surged 65% to $539 million across equities, options, and digital assets.

The results underscore Robinhood's aggressive Web3 pivot, contrasting with traditional exchanges grappling with volatile market conditions. Its tokenization strategy and ethereum ecosystem expansion signal a structural shift toward blockchain-native financial products.

Ethereum (ETH) Price Prediction: MVRV Signals $5,140 Target if $3,300 Support Holds

Ethereum surged past $3,800 amid growing institutional interest and bullish technical indicators. Analysts point to the MVRV Pricing Bands, which historically precede major rallies, as a signal for potential upward momentum. A sustained hold above $3,300 could pave the way for a push toward $5,140.

Spot ETH ETF inflows and whale accumulation have bolstered market confidence. The asset's consolidation between $3,700 and $3,900 in late July now appears to be giving way to a breakout phase, with CoinCodex projecting a climb to $4,191.79 by August 2.

Institutional adoption continues to accelerate, reflecting broader recognition of Ethereum's value proposition. The convergence of strong on-chain metrics and technical patterns suggests this rally may have staying power.

Etherex Launches MetaDEX Model on Linea, Redistributing 100% Fees to Users

Etherex has emerged as a disruptive force in Ethereum's DeFi landscape, launching a decentralized exchange on Layer-2 network Linea that returns all fees and incentives to token holders. The platform positions itself as a radical departure from traditional DEX models by aligning squarely with Ethereum's original vision of user-owned financial infrastructure.

Timing its debut ahead of Linea's anticipated LINEA token generation event, Etherex could capture significant liquidity flows across the Ethereum ecosystem. The project revives the 2014 EtherEX concept, predating mainstream DEXs like Uniswap and Sushiswap, while introducing what founder North describes as a 'metaDEX' solution to the 'DEX trilemma'.

Unlike conventional exchanges that exclude token holders from revenue sharing, Etherex's model unites traders, liquidity providers, and holders through a shared economic framework. This approach reflects growing demand for transparent, community-driven platforms in the post-FTX crypto landscape.

Robinhood CEO Champions Tokenization as Core Strategy in Q2 Earnings Call

Robinhood CEO Vlad Tenev positioned tokenization as the future of finance during the company's Q2 earnings call, referencing the concept 11 times. The retail brokerage is doubling down on crypto with plans to build its own Ethereum layer-2 scaling network and recently launched stock tokens for European users.

Tenev called tokenization "the biggest innovation in capital markets in over a decade," highlighting benefits like 24/7 trading and instant settlement. The emphasis mirrors Meta's strategic pivot to AI last year, signaling a fundamental shift in Robinhood's business focus.

The company exceeded Q2 expectations while making blockchain integration a centerpiece of its growth strategy. Its synthetic assets offering exposure to private companies like SpaceX demonstrates how traditional finance is merging with crypto infrastructure.

New Game 'Vitalik.run' Lets Players Experience Ethereum's Creation Through Vitalik Buterin's Perspective

Israeli developer Ruby Edelstein has launched 'Vitalik.run,' an endless roguelike runner game that chronicles Ethereum co-founder Vitalik Buterin's journey in creating the blockchain network. The game, released a day after Ethereum's 10th birthday, blends elements of Game Dev Tycoon with chaotic, fast-paced gameplay.

Players navigate Buterin's challenges, from drafting the Ethereum whitepaper to navigating the ICO craze, while avoiding distractions like World of Warcraft—a nod to Buterin's real-life inspiration for decentralization after his favorite character was nerfed. Edelstein describes the game as educational in a 'South Park way,' focusing on fun chaos rather than blockchain mechanics.

Despite its crypto-centric theme, the game deliberately omits blockchain integration, prioritizing entertainment value. The launch coincides with renewed interest in Ethereum's origin story as the network celebrates a decade of development.

eToro to Launch Tokenized US Stocks on Ethereum for 24/5 Trading

eToro is making a significant MOVE into the realm of real-world asset (RWA) tokenization with plans to introduce tokenized versions of the 100 most popular US-listed stocks and ETFs as ERC-20 tokens on the Ethereum blockchain. This initiative will enable round-the-clock trading, operating 24 hours a day, five days a week, surpassing traditional market hours.

The platform's long-term vision includes allowing users to withdraw these tokenized assets into personal crypto wallets, integrating them seamlessly with decentralized finance (DeFi) protocols. "Yes, that is 100% the objective here," confirmed an eToro spokesperson, emphasizing user control over assets. For instance, tokenized Tesla shares could be purchased on eToro, transferred to a private Ethereum wallet, and utilized in DeFi applications for staking or lending before being returned to the platform.

Tokenized stocks currently represent a niche market, but industry observers speculate it could evolve into a trillion-dollar opportunity. eToro's 2019 foray into tokenization laid the groundwork for this ambitious expansion, bridging traditional finance with the decentralized ecosystem.