I am really impressed by Robinhoods $Robinhood(HOOD)$   recent announcement at the press conference in Cannes, France, where they revealed plans to bring stocks, derivatives, and even private equity fully on-chain through blockchain and tokenization. The idea of building a new Layer 2 blockchain—Robinhood Chain—capable of supporting real-world assets on a global scale sounds groundbreaking. With their stock already surged 150 percent this year, I think it is a strong sign of their potential, especially as they reshape their image in the crypto industry and expand into Europe.

Given this momentum, I believe the stock is still worth buying, though I would approach it cautiously after such a significant year-to-date gain. I do not have a specific target price in mind yet, but I would look for a dip or consolidation phase to enter, maybe around 10-15 percent below the current high, to balance the risk. The expansion into Europe and their blockchain innovation make me optimistic, and I see this as a long-term play rather than a quick flip.

As for crypto-finance stocks that might catch up to Robinhood, I would keep an eye on companies like Coinbase $Coinbase Global, Inc.(COIN)$   or Block $Block, Inc.(XYZ)$  , which are also heavily involved in the crypto space and could benefit from similar trends. I am excited about Robinhoods direction, but I would love to dig deeper into current market data or sentiment—would you like me to search for more insights to refine my thoughts?

@Tiger_comments  @TigerStars  

# Robinhood 🚀 AppLovin to Join SP500! Buy Now or Sell the News?

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  • snixy
    ·07-03
    TOP
    Your perspective on Robinhood is insightful
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    • Shyon
      [Tongue] [Tongue] [Tongue]
      07-22
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  • MamieBenson
    ·07-03
    TOP
    Exciting journey ahead
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    • Shyon
      Yeah absolutely
      07-22
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