Robinhood Chain vs Solana Memecoins: Data
In Bitquery's August 4 to September 2, 2026 study, Robinhood Chain memecoin volume grew from $1.4 billion to $3.5 billion a week, reaching 8.3% of Solana's volume. Solana still had about 5 times as many trading wallets, but the median Robinhood Chain wallet traded $189 against $7 on Solana.
Robinhood Chain ranked second by DEX volume on some days, behind Solana. That does not mean the two scenes look alike. Bitquery compared them over four weeks, and the results show two different crowds.
Weekly figures: first week vs fourth week
| Metric | Robinhood Chain | Solana |
|---|---|---|
| Meme volume per week | $1.4B to $3.5B (+156%) | $40.7B to $41.9B (+3%) |
| Trades per week | 21.0M to 28.6M | 184.6M to 221.6M |
| Wallets trading per week | 403k to 797k | 2.2M to 3.7M |
| Average trade size | $65 to $122 | $220 to $189 |
| New coins that found buyers | 55k to 64k | 201k to 211k |
Thirty-day wallet totals
| Metric | Robinhood Chain | Solana |
|---|---|---|
| Wallets trading meme coins | 2.1M | 10.2M |
| Median wallet volume | $189 | $7 |
| Volume from top 1% of wallets | 62% | 97.5% |
| Volume from wallets with 10,000+ trades | 16% | 83% |
What the data suggest
- Bigger average wallet. A typical Robinhood Chain wallet moves far more money. Robinhood's user base of retail brokerage customers is a plausible reason, but the study does not prove it.
- Less bot-dominated. On Solana, 83% of volume came from wallets with more than 10,000 trades, which are almost certainly bots. On Robinhood Chain, it was 16%.
- Fast growth. Robinhood Chain's share of Solana's meme volume rose from 3.3% to 8.3% during the month.
Launchpads
Pons launched 137,239 tokens in the window and 63% reached three traders and $100. Pump.fun on Solana launched 1.14 million tokens with 60% passing the same bar. Solana still produced around 28,700 to 30,100 real new coins a day. Details of the Robinhood side are in Pons explained.
Caveats
Bitquery counts only tokens that reached three traders and $100 in lifetime volume. It also notes that its PumpSwap volume is about 7.15 times DefiLlama's figure for the same period, while the Robinhood totals matched within a few percent. Different data sources give different numbers, and a month is a short window.
What it means for you
Fewer bots means a trade is a little less likely to be sandwiched by a high-frequency script, though bots still exist. It also means a smaller crowd, so liquidity in individual coins can be thin. If you trade both, adjust position size to liquidity, not to habit. For the Elysium angle, see Elysium vs Solana and Base.
Sources
Numbers and dates were checked on November 12, 2026 and can change. Nothing here is financial advice.
FAQ
Is Robinhood Chain bigger than Solana for memecoins?
No. In Bitquery's August data, Solana's weekly meme volume was around $40 billion against $1.4 billion to $3.5 billion on Robinhood Chain, though Robinhood Chain's share was growing.
Who trades memecoins on Robinhood Chain?
Bitquery counted 2.1 million wallets over 30 days with a median of $189 in volume, much higher than Solana's $7, and only 16% of volume from wallets with 10,000 or more trades.
Is there less bot trading on Robinhood Chain?
In this study, yes. Wallets with 10,000+ trades made 16% of volume on Robinhood Chain and 83% on Solana, but bots still operate on both.
How reliable are these numbers?
They come from one on-chain study with stated caveats, including a minimum-volume filter on tokens and differences from DefiLlama's data for Solana venues.
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