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