Feels like some rotation from RH to Solana today

CN
1 hour ago

Feels like some rotation from RH to Solana today.

Past 24h:

- RAY +60%

- JUP +21%

- ORCA +12%

- MET +13%

- AI -11.5%

- CASHCAT -5.8%

Coingecko shows overall RH meme as a sector down 16.5%

Meanwhile, bridging volume shows:

- Solana: +$18.8M

- Robinhood Chain: -$47.8M

Small bridging volumes relative to TVL but still...

Maybe some traders are taking profits on RH memes and buying Solana's trading infra to play the same mania.

Perhaps the strongest signal is $STONK launchpad pumping 360% today.

Like Pons, it allows pairing memes with tokenized stocks, currencies etc.

Time to go look for juicy LP pools on Solana!

P.s. if this happens Solana's tokenized stock platform backpack $BP could finally have a run...


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