Robinhood Could Be a Major Threat to Solana. Here's Why.

Robinhood launched 24/7 tokenized stock trading on Arbitrum, a Layer-2 Ethereum chain, positioning itself as a competitor to Solana's dominance in tokenized asset trading. While Solana currently handles 95% of tokenized stock volume with superior speed and lower fees, Robinhood's massive user base (28 million customers) and convenience could capture significant retail market share. However, institutional players may prefer Solana's permissionless nature to avoid conflicts of interest.