Can Circle’s Arc Repeat Robinhood Chain’s Meme Coin Boom?

Circle’s Arc network is set to open its public mainnet on September 16, and the question already circulating among analysts is whether it will see anything like the meme coin frenzy that hit Robinhood Chain right after its own launch. SoSoValue’s breakdown of Arc argues that the answer is no, because the same structural features built to satisfy banks and regulators also strip out the exact mechanics that made Robinhood Chain’s boom possible in the first place. Why Robinhood Chain’s Playbook Doesn’t Transfer to Arc SoSoValue pointed to four conditions that lined up for Robinhood Chain: the network operator earned revenue from meme trading and tolerated it, an existing retail user base gave speculators an easy entry point, a native token’s buyback-and-burn mechanism supported prices, and a fully public mempool…