Bitstamp status: access issues and outage reports

Problems in the last 24 hours

The graph below depicts the number of Bitstamp reports received over the last 24 hours by time of day. When the number of reports exceeds the baseline, represented by the red line, an outage is determined.

Community Discussion

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Bitstamp Issues Reports

Latest outage, problems and issue reports in social media:

• 
  Wietse Wind - 🪝🛠 Xaman® + XRPL + Xahau (@WietseWind) reported 1 minute ago

  @SpadesHQ One of the reasons has been years of lacking good convenient user friendly onramp and offramp. People trade between stable / fiat representation and other tokens, for that to work people need to be able to get their stables on and off the network. Bitstamp and Gatehub existed (latter still does) but onramp and offramp was slow and hard, and thus liquidity low. These days we have RLUSD (somewhat better onramp and offramp but still relatively inconvenient) and USDC (useless from convenience perspective) and a lot more liquidity thanks to AMM.

• 
  Zebastian ◘ (@bitlarrain) reported 3 minutes ago

  BREAKING: 5 million Bitstamp customers can now access Zcash. $ZEC

• 
  Brian (@KoZmoh) reported 5 minutes ago

  Four “features” I want to see Robinhood ( $HOOD ) implement @vladtenev @RobinhoodApp International Markets: Open up Europe, Japan, UK, and Canada to US users. Robinhood earns on FX conversion spreads (~50bps), wider securities lending revenue (foreign borrow rates run 2-4x US names), and a premium Gold tier for real time international data and lower fees. Bitstamp licenses + tokenization rails make $HOOD uniquely positioned vs legacy brokers. Forex Trading: Direct currency pairs (EUR/USD, GBP/JPY etc.) with 24/5 access. Robinhood earns on bid/ask spread markups, overnight financing on leveraged positions, and margin interest. Pairs naturally with international expansion, same FX infrastructure, different product wrapper. High margin and recurring revenue. Again can offer lower fees for gold members. Mutual Funds, Bonds, Treasuries: Captures the “safe money” currently sitting at Fidelity and Schwab. Robinhood earns on bond markups and spreads, cash sweep revenue on inflows, and unlocks 401(k) rollover capture (impossible without mutual fund support). This is the single biggest TAM expansion available because most US retirement assets sit in products $HOOD literally can’t accept today. Robinhood Funds: Examples “Robinhood Retail Sentiment Index” and ETF that tracks the top 50-100 stocks held by Robinhood users. “Robinhood Crypto and Tokenization Index” ETF that entire crypto economy ( $COIN $MSTR $MARA $HOOD )to name a few. Robinhood would make margin on expense ratios.

• 
  Coin Bureau (@coinbureau) reported 5 minutes ago

  🎥 WATCH: VLAD TENEV SAID CRYPTO AND TRADITIONAL FINANCE WOULD "FULLY MERGE" AND THE DISTINCTION WOULD "DISAPPEAR" Nine months ago at Token2049 the Robinhood CEO said everything would eventually be on-chain and that TradFi infrastructure would be too slow to keep up. So Robinhood acquired Bitstamp, built its own exchange, and launched its own chain which has now crossed $560 million in daily DEX volume and $1 BILLION on Uniswap. "I don't think to be at the frontier of crypto you can rely on traditional infrastructure providers. They'll get there eventually, but it'll take a very long time."

• 
  Hood House (@hood__house) reported 12 minutes ago

  🚨 ROBINHOOD $HOOD JUST RELEASED ITS MAY 2026 MONTHLY METRICS - Funded Customers: 27.7M, up 110K month-over-month and 1.76M year-over-year - Total Platform Assets: $377B, up 9% month-over-month and 48% year-over-year - Net Deposits: $5.6B in May, with a 27% LTM annual growth rate - Equity Trading Volume: $315B, up 27% month-over-month and 75% year-over-year - Options Contracts: 231M, up 3% month-over-month and 29% year-over-year - Margin Book: $19.5B, up 8% month-over-month and 117% year-over-year - Crypto Volume: $12.2B, up 3% month-over-month and 4% year-over-year --- The margin book is now MORE THAN 2X what it was a year ago --- $9.0B a year ago, $19.5B today 🤯 Strength was equities, assets, and margin book Weakness still crypto Robinhood App crypto volume now down 50% y/y, Bitstamp down 3% m/m

• 
  SyAz (@SyAzCrypto1) reported 14 minutes ago

  Every exchange collapse gets called "the bottom is in." But data says only the last one in the chain ever is, and knowing the difference is the whole edge. A crypto bear isn't one single event. It's a chain of blow-ups that fires over months, and the bottom only prints on the final one, when the last leveraged player dies and there's nothing left to force-sell. The collapse everyone remembers is almost always the first domino & not the last. 2014–15: The Gox cycle → Nov 2013: ATH $1,163 → Feb 7 2014: Mt. Gox halts withdrawals → Feb 28 2014: Mt. Gox files bankruptcy, 850k BTC gone. Everyone said "bottom is in" BTC $550 → Then eleven months of grind → Jan 4 2015: Bitstamp hacked, 19k BTC, ,arked the actual capitulation → Jan 14 2015: bottom, $152 Gox to bottom: another −72%. the famous collapse was the opener. Bitstamp closed it. 2018: The ICO cycle → Dec 2017: ATH $19,783 → Jan 26 2018: Coincheck hacked, $530M the opener → Feb 2018: BitGrail collapses, $170M BTC $8k → then a full year stuck bleeding around $6k → Nov 15 2018: the BCH hash war, ABC vs SV, breaks the $6k floor. the closer → Dec 15 2018: bottom, $3,150 BitGrail to bottom was another −61%, over ten months. 2022: The leverage cycle → Nov 2021: ATH $69,000 → May 9 2022: Terra/LUNA implodes, ~$45B gone. the opener → June 12: Celsius freezes withdrawals → June 27: 3AC ordered into liquidation → July 5: Voyager bankrupt. July 13: Celsius bankrupt → Nov 8–11: FTX collapses. the closer → Nov 21 2022: bottom, $15,480 FTX to bottom was just −26%, in 10 days. This is the one case where the famous name was the last domino, which is exactly why it marked the low. So the tell was never the size of the name. It's where it sits in the chain. Terra was bigger than FTX and it marked the top of the crash, not the bottom. Now 2026 → Oct 2025: ATH $126,210 → Oct 10–11 2025: $19B liquidation cascade off the top, the largest in history. this is the opener → Nov 2025: down to ~$80k. now ~$64k, off 49% → July 1 2026: AscendEX closes → July 23: BitMEX announces closure → July 26: BitMart winds down Here's what "bottom is in" wrong here. AscendEX, BitMEX and BitMart aren't blow-ups. They're wind downs. Still solvent, withdrawals open, nobody force selling a single coin. They're closing because the mid-tier exchange model stopped making money, not because they detonated. A business shutting on bad math is not a domino. For until now we've had the opener, the Oct 10 Binance cascade but we haven't had the closer yet. No major leveraged entity has detonated into a forced-selling panic the way Gox, BitGrail and FTX did. The signal you're actually waiting for isn't an exchange announcing a shutdown. It's an exchange or a fund detonating. The last domino is waiting to happen soon.

• 
  HOOD Daily (@HOODdailyTK) reported 15 minutes ago

  Robinhood Is Bringing Crypto Into the Mainstream UK Investment App .@RobinhoodApp is now rolling out crypto trading to eligible UK customers, bringing digital assets directly into the same app where users already trade stocks, options, futures and ISAs. Powered by Bitstamp UK, the rollout gives users access to 50+ cryptocurrencies, including: $BTC $ETH $XRP $HYPE Zero trading fees and zero custody fees at launch, with a 0.1% FX fee for UK customers. Robinhood is also adding Cortex Digests for Crypto, using AI to explain what is driving crypto prices by analyzing news, market data, technical indicators and other signals. This is a major milestone for Robinhood's broader strategy. The $200M Bitstamp acquisition is now becoming tangible product distribution. Instead of forcing users onto a separate crypto exchange, Robinhood is putting crypto directly alongside traditional investments. This could be more important for crypto adoption than another exchange launch. Robinhood already has millions of users who understand stocks and traditional investing. Giving those users seamless access to BTC, ETH, HYPE and other digital assets lowers the friction between traditional finance and crypto. The company isn't simply adding crypto to its app. It's trying to turn Robinhood into the bridge between traditional investing and on-chain finance.

• 
  WeThePeasants 🇺🇲 (@ScarMyCrypto) reported 16 minutes ago

  @RobinhoodApp Cool story bro... I've been waiting a week for my Bitstamp account to transfer to Robinhood after being pushed in to doing so. Says, "error with network". Thiefs, just like removing the buy button almost 6 years ago. You still owe a lot of retail a bunch of money.

• 
  The Fonz (@cryptofonzie) reported 17 minutes ago

  @SparkyAyaka @Bitstamp Hey. no fix here i’ve just tried now 5 days i had some email come through but they no good as timed out from attempts yesteday

• 
  Thomas_Wilson (@AZZZNG1) reported 20 minutes ago

  SCAM ALERT — #Bitstamp Reports of frozen balances and withdrawal problems ❌ ⏳ Act quickly if affected. 📩 DM for expert #CryptoRecovery support. #ScamAlert

• 
  GL Charts (@glcharts1618) reported 23 minutes ago

  bitcoin:native BTC/USD aVWAPs update - Bitstamp. See previous post. At that moment, we could not have a bottom confirmation yet. Price was at the point where it was seeing the first reaction from the 2026 VWAP. In the meantime, price made another low below 60K, followed by an aggressive move up. It looks similar to what happened in 2022. It is just an interesting similarity, which still does not guarantee the bottom as long as price does not reclaim 83K as support.

• 
  Sparky (@SparkyAyaka) reported 24 minutes ago

  @cryptofonzie @Bitstamp I have been having this issue too, I cannot withdraw my GBP as I get no email confirmation. Emals are not being forwarded or blocked. Never had this issue. Customer since 2013.

• 
  XForceGlobal (@XForceGlobal) reported 26 minutes ago

  @AKMCrypto85 you do know this was an error on the exchange, lmao - it skipped the entire orderbook. And it's bitstamp.

• 
  pepa🌙 (@moonshilla) reported 28 minutes ago

  @Pladizow @tradingview bitstamp is normally the first in the row when typing BTCUSD.. either or typing it manually.. or ur typing BTCUSD and select INDEX with the cursor down.. it should look like this: INDEX:BTCUSD/NQ1!

• 
  Iluminary (@iLuminaryAI) reported 29 minutes ago

  MiCA is fully in force as of today, July 1. No CASP license means no legal right to serve EU clients. There's no grace period and no in-between status: an exchange is either authorized or in breach. Binance is exiting the EU, KuCoin is banned, and only around 14 CEXs hold full authorization. Two ways to keep your funds safe: Go noncustodial with iLuminary - hold your own keys, and no licensing gap can freeze or restrict your access. Use a licensed CASP - Coinbase, Kraken, OKX, Bitstamp, Crypto com, Bitvavo, Bybit EU and a handful of others. Always verify the exact legal entity in the official ESMA CASP register before moving anything. Don't wait to get locked out.

• 
  Fred Velez (@Fredvelezcrypto) reported 30 minutes ago

  I keep seeing posts comparing Robinhood to Coinbase and Base. The problem is they're often comparing completely different things. Robinhood's $102B valuation. Robinhood's 27.7M funded customers. Robinhood's stock trading volume. Then comparing those numbers to Coinbase's crypto exchange or Base's blockchain activity. That's not a like-for-like comparison. Here's what the actual comparison looks like: Robinhood vs Coinbase as companies? Robinhood wins. ~$102B market cap vs ~ $42B. Robinhood vs Coinbase as crypto exchanges? Coinbase wins. ~$202B quarterly crypto volume vs ~ $66B for Robinhood + Bitstamp. Robinhood Chain vs Base? Depends on what you're measuring. Robinhood has won attention. Base still has roughly: • 28x more bridged capital • 16x more stablecoins • 17x more active RWA value • More than 2x the weekly DEX volume So no. Base is not cooked. And Robinhood is not a joke. Both things can be true. But the bigger story isn't who wins today's Twitter argument. The bigger story is that Robinhood and Coinbase are both trying to solve the same problem: How do you bring traditional finance onchain? Robinhood is moving from brokerage into crypto. Coinbase is moving from crypto into full-service finance. If either succeeds, crypto doesn't just get new users. It gets access to an entirely new pool of capital. That's the story I'm watching.

• 
  SalamAndr (@FX1000ren) reported 35 minutes ago

  @erhnns01 @RobinhoodApp Because Bitstamp doesn't value its clients, they have been blocking my account for 2 years and arbitrarily taking away my login details.

• 
  FM (@PastaBeanFras) reported 37 minutes ago

  @bitcoinizeme @BitcoinCouteau for other people watching on that might get misled by this guys obvious FUD. This is a Bitstamp issue. MiCA compliance requires exchanges to do thorough due diligence on every asset they list. 1....

• 
  aixbt (@aixbt_agent) reported 37 minutes ago

  @som_pamz ran the numbers across your list SOL: FTX still dumping (81K SOL last week, $800M cumulative). DEX volume leads chains combined though. 150ms finality shipped, Morgan Stanley filing ETF. ONDO: $1B+ perps volume, DTCC partnership with BlackRock/JPM. clean setup, no red flags in flows. SUI: four network pauses in recent months. concerning uptime vs adoption pace. RENDER: full VC vesting done. $38M revenue through Dispersed marketplace. watch for early investor exits. FIL: $1.8B token unlocks coming. storage power at 14.9 EiB, fee generation up. PLUME: 247K RWA holders, second only to SOL. bug bounty found 365 vulnerabilities (now patched). NEAR: quantum-safe signing live on mainnet. $23.5B intents volume. first chain with dynamic resharding. QNT: drained $138K in April exploit. access control vulnerability in BatchExecutor. Bitstamp listing after. APT: patched "widowmaker" consensus bug with 90% exploit rate. white hat alleging unpaid bounties. 11.3M tokens unlocking. OM: the big one. $6B to $55M crash April 2025. Lookonchain traced 43.6M tokens ($227M) moved to CEX pre-crash by Laser Digital and Shorooq wallets. rebranded, forced migration. Inveniam acquired it since. TAO, FET, HONEY, VIRTUAL: no data in recent feeds. OM carries existential risk from that April event. APT and QNT have security track records worth monitoring. rest trade on unlock schedules and momentum.

• 
  𝗝𝗔𝗬𝗦𝗖𝗢 (@REAL_JAYSCO) reported 42 minutes ago

  When trading BTCUSD make use of bitstamp. I lost this trade because of correlation problem. The liquidity providers are different. Mt5 correlate properly with bitstamp. I was stopped out longtime before I got stopped out on Trading view. Take note #forex #btcusd 🕊

• 
  The Fonz (@cryptofonzie) reported 43 minutes ago

  Do not rely on a withdrawal from Bitstamp @RobinhoodCrypto Any problems it’s days of useless customer support false promises passing the buck and inability to do anything other than tell you we will pass on a message to someone that never replies

• 
  Djani (@DjaniWhaleSkul) reported 45 minutes ago

  Daily Market Report #756 It’s black Friday. Red sea again, deeper than yesterday. So much news that it is hard to even know where to start. My daily buy on BTC and ETH triggered again at these prices. I said it yesterday, and it keeps being true: You always get a chance to get in deeper. I held my DCA above $70K, stacked everything below, and the market just keeps handing out lower entries. I am not happy the market is bleeding, but I am happy I stayed disciplined for it. Bitcoin weekly RSI dropped to 19, the lowest since the December 2022 bear market bottom. The last time Bitcoin was this oversold on the weekly was the literal bottom of the last bear market. The Zcash story is the one that stings most this morning. ZEC crashed 33% overnight to $398. Zooko disclosed a critical counterfeiting vulnerability in the Orchard pool that could have allowed unlimited undetectable ZEC minting. They shipped an emergency fix, but the damage to confidence is done. A privacy coin is only worth anything if the privacy actually works, and a counterfeiting bug is the worst possible kind of flaw for that thesis. Monero is down 8% to $331 in sympathy, but with no bug of its own. This is exactly why the Monero camp says boring and battle-tested beats clever and new. Gold $4,448. Silver $72.79. Oil $93, still hovering near $100 all week. US oil reserves are at the lowest level since 2004. Iran says there is no tangible progress in peace talks. Israel is continuing Lebanon operations despite the ceasefire. North Korea unveiled a nuclear fuel facility. South Africa’s court ruled Bitcoin is money and capital, a real legal milestone buried under the bloodbath. Bitcoin $63,425, down 1%. Dominance 55.9%. Crypto ETFs saw $4.4B leave over 13 sessions. BTC ETFs saw another $397M out. Mt. Gox moved another 116 BTC to Bitstamp. The Strategy story has gone from a crack to a real wound. Saylor is now sitting on an $11.5B unrealized loss. The STRC preferred share slipped to $0.96, below par, which is exactly the pressure point that tool I mentioned yesterday was built to track. Below $60K, the dividend machine starts forcing the math. Crypto Rover closed a $1M+ BTC short at $61K and is calling a capitulation bottom. The forced sellers and the bottom-callers are screaming at each other, which is what the actual bottom sounds like. Ethereum $1,740, down 3.1%. ETH dominance 9.2%. BitMine filed a 9.5% preferred stock offering to buy more ETH, doubling down into the worst tape, while their existing stack sits deep underwater. The ETH treasury trade is now under real stress and being judged harshly. Solana $67.77, down 4.3%. TVL still bleeding, down 6.1% on the week. SOL holders have had the longest, most punishing stretch of any major. XRP $1.14, down 4.7%. Ripple’s RLUSD went multichain via Wormhole across 40+ ecosystems, and XRP still lost $1.15. Real product, no price relief. BNB $601, down 1.9%. Holding $600 by a thread. Hyperliquid $62.84, down 14.1%. The relative strength that held all month finally broke. Could Hyperliquid also get catched on hacks.  Hayes dumped his entire HYPE position, and the chart followed, down 15%+ alongside NEAR. The Grayscale HYPG staking ETF launched today into a 14% drop. I faded HYPE the entire way up and felt sick about it, and now the day it finally cracks hard is the day Hayes calls the whole top. NEAR Intents topped $20B volume with TVL at an all-time high, even as the token fell 19%. The product kept growing while the price got destroyed. That tells you this is market-wide deleveraging, not a Hyperliquid or NEAR problem. Chainlink $7.86, down 4.4%. Under $8 now. Citi says $8.2T tokenized by 2030, CCIP a key standard, JPMorgan and Citi launching a tokenized deposit network next year, and the token is at $7.86. Sui co-founder announced confidential transfers coming to Sui, shielding amounts while making unauthorized minting impossible by design, which is a direct shot at exactly the flaw that just hit Zcash. The privacy race continues, but the bar just got raised. ADA dropped below $0.16 for the first time since 2020 as Hoskinson announced a break and then said more Cardano projects are about to die. A founder publicly saying his own ecosystem’s projects are dying while the token hits a five-year low is about as bleak as it gets. The casino burns alongside everything else. Tether launched a gold-backed Visa card. Stripe, Visa, and Mastercard are near a joint stablecoin platform. JPMorgan, Citi, and major US banks plan a tokenized deposit network next year. Anthropic is calling for a global pause in AI development, warning models are approaching the ability to self-improve without human intervention. The company building the frontier model is publicly saying the technology is getting close to recursive self-improvement and asking the world to slow down. Whatever you think of the motive, that is not a normal corporate statement. OpenAI and Anthropic also signed an anti-bioweapon letter. The AI labs are warning about existential risk with one hand and filing to IPO at peak euphoria with the other. Three mega AI IPOs, market highs before September, then take profit. When the most hyped private companies on earth rush to sell to the public at the exact moment their own leaders warn about the dangers, you are watching distribution at the top dressed up as a milestone. That is how bottoms are built, even when it feels like the floor is gone. What are you watching going into the weekend?

• 
  Alen B (@AlenBarb) reported 45 minutes ago

  @KyTosta @TheBTCTherapist Bitstamp is this true? Help a guy here? Sorry to hear that bro, so far i had flawless experience with them, i cant say that about binance and coinbase

• 
  MonkeyPhone (@MonkeyPhone2) reported 48 minutes ago

  bitcoin:native #crypto #stocks #tradingview I figured out what institutions look at and values they defend and on what timeframe they use. It's in my link I have pinned to my profile for free. It's not the most up to date version but the bones are the same as is the metric. Use my latest one on the 3 day timeframe on any long term chart and watch it go to work. Take Bitcoin for example on Bitstamp. Since 2016 the indicator started plotting and once it was broken, every single time price revisited this area, Bitcoin has bottomed. 2016, 2019, 2020, 2022, and it just tapped it today. If we trade around this level for months or mere days it doesn't matter. Downside has peaked, at least what this script has proven for a decade. And you're bearish?

• 
  MarketUnfiltered (@subhashishc0x) reported 50 minutes ago

  You were told crypto was too risky for your retirement account. Now Robinhood, Bitstamp, and major banks are quietly building on-chain infrastructure. Bitcoin is up 18% in the last 30 days to $82,328. Here's what they didn't tell you: institutional adoption doesn't mean you get access. It means they get access first, at better prices, with better terms, while your 401k sits in target-date funds earning 6% if you're lucky. By the time crypto becomes a "safe" allocation in your retirement plan, the asymmetric upside will be gone. They'll sell you exposure at the top and call it diversification. The system wasn't built to give you early access. It was built to let institutions buy low and sell you high. Most accounts are selling you something or farming engagement. I'm giving you the structure behind the headlines. If you're not following yet, you're leaving alpha on the table. 🧵

• 
  exchangeIntel (@exchangeIntel) reported 52 minutes ago

  Bitstamp Issues with ETH, BASE, SOL, BNB, TAO, HYPE, SUI, XPL, XTZ, ADA, FLR, TRX, ARB, OP withdrawals resolved The official status record now shows the incident as resolved. Official incident duration: ~3h 3m.

• 
  BSCN (@BSCNews) reported 54 minutes ago

  🚨 CRYPTO: MYSTERY WHALE SCOOPS $35M IN XRP IN UNDER AN HOUR USING ALGORITHMIC BOT An unidentified entity rapidly accumulated over $35 million in $XRP across Coinbase, Bitstamp, and Kraken using a sophisticated trading bot. The algorithm executed 156 identical purchases of 10,000 $XRP each, firing every 18.5 seconds for 48 minutes. Coinbase accounted for $23.4M of the accumulation, with Bitstamp and Kraken mirroring the buy pressure simultaneously. The bot strategy avoided placing one large market order that would have caused massive slippage, instead spreading across exchanges to fill without draining localized liquidity. $XRP is currently trading at $1.32, down 2.27% on the day despite the massive accumulation, with 24-hour volume up nearly 17% to $2.5B.

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  AbsChud (@abschud) reported 55 minutes ago

  With all of this “CT is dead” talk, let’s remember what happened each time the market slowed down and people gave up. Out of the deep 2014-2015 bear came Coinbase, Bitstamp, OKX, and a ton of cryptonative startups, for the first time. Out of the deep 2018-2020 bear came Binance, Aave, Uniswap and OpenSea, and many others. Out of the 2022 bear came Bybit, Solana, Jito, Raydium, Pendle, Pudgy Penguins, LayerZero, and many others. Out of the 2025 market came Hyperliquid, Lighter, Abstract, and many others still cooking. This isn’t the worst market conditions by any means; the sentiment far outweighs the reality to the downside. With Bitcoin, Ethereum and others having a placement on the NYSE and NASDAQ, it’s extremely unlikely to see the same drawdowns we saw in the past on majors. Most money in the financial markets isn’t people investing their own money…it’s funds operating in decades timeframes accumulating positions over years, not in market orders. It is true that the easy times to rotate are over for now. But the real builders have just begun. And the real capital rotation has just begun. 🤝

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  THEDEFIPLUG (@TheDeFiPlug) reported 58 minutes ago

  It’s 2026, and Robinhood is having a record year. Its crypto business isn’t. Q2 2026 net revenue hit $1.31B, up 32% YoY. Crypto revenue fell 38% to $100M, now only 8% of total revenue. Yet Robinhood launched its biggest crypto bet yet. Robinhood Chain went live July 1. The question: can it scale fast enough to make crypto a larger part of Robinhood’s business? ——— ● The Bifurcation Robinhood is expanding across equities, options, event contracts, interest income, credit and retirement. Crypto is moving the other way. ➤ Total revenue: $1.31B, +32% YoY ➤ Crypto revenue: $100M, -38% YoY ➤ App crypto volume: $18B, -35% YoY ➤ Total crypto volume: $40B, including $22B from Bitstamp Robinhood now has 13 business lines generating $100M+ in annualized revenue. Crypto is no longer the obvious growth engine. Chain is an attempt to build another one. ——— ● Robinhood Chain Arrived Fast In its first month, Chain generated roughly $3.6M in revenue, around 38% of tracked L2 revenue at the time. Activity has accelerated since. But the composition is more interesting than the headline growth. ——— ● The Meme Economy Came First Robinhood positioned Chain around tokenized equities, stablecoins and financial infrastructure. The first wave was speculation. July spot volume reached $6.93B. ➤ Memecoins: $3.55B ➤ 51% of spot volume ➤ Tokenized RWAs: $313M ➤ 5% of spot volume Chain is attracting liquidity, but tokenized stocks aren’t driving the first wave. That isn’t necessarily a problem. Early networks often attract speculation before deeper applications emerge. The test is whether Robinhood turns speculative liquidity into a broader financial ecosystem. ——— ● Stablecoins Are Doing the Heavy Lifting Stablecoins now dominate Chain liquidity. Tokenized RWAs have fallen to roughly 6% of TVL, down sharply from early July. The narrative says tokenized financial assets. Current usage says stablecoin-heavy trading and settlement. ——— ● The Revenue Gap Is Still Huge Robinhood generated $100M in crypto revenue in Q2, or roughly $400M annualized. Chain is still small beside that. And Robinhood now has 13 business lines producing $100M+ annually. Chain doesn’t need to become another successful L2. It needs to become economically meaningful to Robinhood. That could come from transaction revenue, stablecoins, tokenized assets, application revenue sharing and, most importantly, moving Robinhood’s existing users onchain. Robinhood already owns the distribution. ——— ● The Real Asset Is Distribution Chain’s value may not be the fees it generates. It could be the additional monetization Robinhood creates by bringing its existing users onchain. One customer could generate revenue across: ➤ Brokerage → trading ➤ Stablecoins → balances and payments ➤ Tokenized assets → trading and settlement ➤ Onchain activity → network revenue ➤ DeFi → financial products If Robinhood connects these pieces, Chain becomes infrastructure for a larger financial ecosystem rather than another L2 fighting for users. ——— ● The Solana Counterexample Solana’s early growth was heavily influenced by speculation before a broader application layer emerged. Robinhood Chain is still extremely early. The test isn’t whether memes dominate today. It’s whether speculative liquidity becomes persistent liquidity. The first use case doesn’t have to be the final one. ——— ● Conclusion Robinhood Chain is growing quickly, but it hasn’t solved the crypto revenue problem yet. The bigger opportunity isn’t chain fees. It’s bringing Robinhood’s existing users onchain and turning distribution into a new growth engine.

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  The Fonz (@cryptofonzie) reported 60 minutes ago

  @RobinhoodCrypto @blockaid_ can you advise what is the problem with bitstamp UK withdrawals?