Inflation cooled, war intensified, and crypto climbed anyway. Ryan and David ask if the bottom is in, unpack Robinhood Chain’s surge past Base, and debate who benefits from Ethereum’s L2 boom.

---

📣SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24

https://bankless.cc/spotify-premium

---

BANKLESS SPONSOR TOOLS:

📊BITGET | TOKENIZED STOCKS 2.0

https://bankless.cc/bitget-stocks 

🧭OKX | TRADE, EARN, PAY to OKX | 120M+ USERS WORLDWIDE

https://app.okx.com/join/USBANKLESS 

🎯THE DEFI REPORT | ONCHAIN INSIGHTS

https://thedefireport.io/bankless 

👑BANKLESS PREMIUM | AD-FREE & BONUS EPISODES

https://bankless.cc/spotify-premium

---

TIMESTAMPS

0:00 Intro

0:29 Cycle Bottom Watch

https://x.com/TrustlessState/status/2077774313726304659

https://x.com/goodalexander/status/2077031311664197738

https://x.com/brian_armstrong/status/2076857638059720736

5:24 Inflation Cools, War Heats

https://x.com/kobeissiletter/status/2077008212994253025

https://x.com/geiger_capital/status/2077011477580451983

14:56 Crypto Outperforms Stocks

https://x.com/saylor/status/2076638696053276748

https://x.com/TrustlessState/status/2076647130572235017

https://x.com/TrustlessState/status/2077197119207756098

22:34 Robinhood Chain Breaks Out

https://x.com/donnoh_eth/status/2075890751834071189

https://dune.com/entropy_advisors/robinhood-chain-network-overview

https://www.coindesk.com/business/2026/07/15/the-launchpad-that-fueled-robinhood-chain-s-memecoin-boom-just-gave-away-all-its-revenue

https://dune.com/adam_tehc/the-robinhood-trenches

29:31 Base Pivots to Trading

https://x.com/jessepollak/status/2077427261586997745

https://x.com/jessepollak/status/2077550728416256489

https://x.com/austincampbell/status/2077545305789067398

36:15 Does ETH Earn Enough?

https://x.com/vladtenev/status/2076666114801877310

https://x.com/LorenzoARK/status/2076792007184298076

https://x.com/apolynya/status/2077301418860466487

https://x.com/TrustlessState/status/2077400104458154428

https://x.com/ethereumJoseph/status/2076838398510211122

47:29 L2s and Rent Sharing

https://x.com/sgoldfed/status/2077082053330272454

https://x.com/l2beat/status/2077764769436553272

https://l2beat.com/native-rollups

56:20 Ethereum Spinoffs Multiply

https://x.com/eth_systems/status/2077000602320805918

https://x.com/fradamt/status/2077739531520921621

58:49 DeFi Hacks May Be Peaking

https://x.com/hosseeb/status/2076682247168827849

https://x.com/maraoz/status/2059413451265441990

1:01:44 Buy-and-Burn Wins

https://x.com/TrustlessState/status/2077186630566224208

https://x.com/blknoiz06/status/2077773554033037509

1:06:29 Closing & Disclaimers

---

Not financial or tax advice. See our investment disclosures here:

https://www.bankless.com/disclosures