Ethereum
StonkBrokers NFT surges past $12,000 on Robinhood Chain in two weeks
The NFT collection jumped over 368% in one month after launch, now approaching floor prices of established blue-chip collections.
StonkBrokers NFT launched at roughly $50 and has since climbed to trade above $12,600, making it the sixth-largest NFT by market cap and approaching the $15,000 floor price of Bored Ape Yacht Club. The collection's floor price tripled within a week, with its 4,444-token supply attracting 567 unique owners, or about 12.76% of total holders.
The surge reflects renewed interest in premium NFT collections, though analysts caution that early traction in past launches has not always sustained demand. The move occurred as liquidity on Robinhood Chain shifted from memecoins—which held a market cap exceeding $150 million—toward the NFT collection.
Robinhood Chain itself has seen significant user growth, with monthly active users climbing 3,065% to over 2.8 million, and weekly transactions rising from 57.6 million to 64 million. This expansion followed the company's addition to the UK's FCA cryptoasset register on July 31, enabling it to provide certain crypto services under new anti-money laundering regulations.
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