Robinhood Chain Meme ‘AI’ Hits $100M, Boosts RWA Trading

This surge is less about the meme itself and more about the mechanism tying speculative tokens to tokenized equities. The treasury's buyback-and-burn model creates a feedback loop where trading activity directly reduces supply, which can amplify momentum beyond typical meme dynamics. The real signal is the spillover into RWA volume, suggesting that meme-driven attention can funnel liquidity into asset-backed trading on the chain. The open question is whether this model can sustain engagement after the initial hype fades, as the burn rate depends on continued fee generation from that same activity.