On-chain capital may be rotating from Robinhood Chain back to Solana
Solana ecosystem tokens ripped on Sep 6,
$RAY +60%,
$JUP +21%. Meanwhile
$CASHCAT dropped over 20%, and Robinhood Chain's meme sector slid 16.5% overall.
🔹 Bridge data shows $18.8M net inflows to Solana in 24h while Robinhood Chain bled $47.8M. Last week Robinhood Chain logged over $300M in net outflows, the largest of any chain, far ahead of Hyperliquid and Polygon.
🔹 On-chain activity is cooling too. On Sep 6 the chain processed 4M transactions, down 40% day over day, with DEX volume falling back to $1.3B, over 60% off the peak.
These flows are still small relative to both chains' TVL, but the direction matters. Some traders appear to be taking profits on Robinhood Chain memes and rotating into Solana's trading infrastructure tokens to stay in the game.