robinhood chain did $1b in DEX volume in 48 hours and captured over 50% of solana's daily DEX volume. solana hit 2026 volume lows the same day, july 9. negative sentiment at yearly highs. the 48-hour number means nothing. blast did $2.9b TVL at launch and bled 70% in 90 days. the number that decides whether solana's liquidity drain is permanent is $400m+ daily volume on robinhood chain by august 10. if it holds, the fragmentation is structural and SOL loses the "fast cheap chain for degens" narrative to an ethereum L2 backed by 24m funded brokerage accounts who never wanted to download phantom in the first place