Robinhood has launched its Layer-2 blockchain, Robinhood Chain, using Ethereum as its native gas token. This move is fueling optimism for ETH, as the platform aims to expand decentralized finance and tokenize real-world assets, potentially increasing demand for the network.
Simultaneously, a significant shift is coming from MicroStrategy. CEO Michael Saylor, long known for his "never sell" Bitcoin philosophy, has suggested the company could sell BTC to support dividends. MicroStrategy recently sold $216 million worth of Bitcoin, confirming this new strategic approach.
Market sentiment remains bullish. Prediction markets show strong confidence that Bitcoin will hold above $56,000 through mid-July, with some analysts linking positive Ethereum developments to broader crypto market strength.