CASHCAT jumps 120% in a week as Robinhood Chain hits $774 million of value locked

CryptoInfo Editorial Team · Published on August 06, 2026 at 04:31 · Updated on August 06, 2026 · 1 min read

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Key Takeaways

→CASHCAT's value jumped 120% in a week, reaching an $86 million market capitalization
→Robinhood Chain's total value locked has hit $774 million
→Tokenized assets on Robinhood Chain currently sit at $27.6 million

Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

CASHCAT, a memecoin, has seen a significant increase in value, jumping 120% in a week, with its market capitalization recovering to $86 million. This development comes as Robinhood Chain, the blockchain it is associated with, has reached a total value locked of $774 million. According to reports from CoinDesk, the chain's stated purpose of hosting tokenized assets currently sits at $27.6 million.

Robinhood Chain is a blockchain that aims to provide a platform for various assets to be tokenized. The chain's growth and the increase in CASHCAT's value are notable developments in the cryptocurrency space.

Source: CoinDesk ↗