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Robinhood Crypto Revenue Rises as WeWake Presale Fuels Web3 Adoption

Robinhood crypto revenue rises while the WeWake Presale, now at $0.0160 in its fifth stage, drives walletless Web3 onboarding.
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Robinhood Crypto Revenue Rises as WeWake Presale Fuels Web3 Adoption

Robinhood reported a sharp increase in crypto revenue during the second quarter. Robinhood’s total revenue grew 45% year-over-year to $989 million. Concurrently, WeWake, a walletless and gasless blockchain, is gaining traction as WeWake presale enters its fifth stage. The project aims to simplify Web3 access and is attracting both developers and early adopters with its seamless onboarding approach.

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Robinhood Reports Strong Crypto Revenue Growth

Robinhood stated that crypto revenue rose 98% to $160 million. The result was close to analysts’ expectations of $162.1 million. Net income more than doubled to $386 million, or 42 cents per share, exceeding forecasts.

The company attributed much of this growth to rising trading volumes and continued demand for digital assets. “Tokenization is the biggest innovation our industry has seen in the past decade,” said Robinhood CEO Vlad Tenev. Robinhood’s stock has risen 185% in 2025, showing steady investor interest.

Robinhood also faced regulatory review in Europe after launching tokenized equities for 150,000 customers across 30 countries. This move has placed the company at the center of both trading growth and regulatory attention.

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WeWake Presale Gains Momentum in Web3

WeWake is currently in the fifth stage of its presale token, priced at $0.0160. The project aims to remove barriers to crypto onboarding with its walletless and gasless approach. It is powered by a zk-rollup Layer 2 blockchain with ERC-4337 smart wallets and a built-in Paymaster system.

The WeWake whitepaper has been released, detailing how its SDK allows developers to integrate walletless onboarding. Users can log in with Google or Telegram without needing wallets or seed phrases. This design is expected to help reach a broader user base.

WeWake’s roadmap includes a public testnet launch in Q1 2026, followed by a mainnet release in Q2 2026. Early participants in the prelaunch token can access staking, governance, and reward features. The project is positioning itself as a bridge between Web2 and Web3 platforms.

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Walletless Crypto Onboarding and More

WeWake’s presale has also attracted interest from developers. Its SDK allows dApps to onboard users without gas fees or browser extensions. Developers can sponsor user transactions through the Paymaster API, removing the need for upfront ETH funding.

This approach aims to reduce user drop-off during onboarding. Use cases include DeFi, NFT minting, and social app integrations. With over 32% of the total WAKE token supply allocated to the pre-offering, the project is focused on creating an ecosystem for rapid Web3 adoption.

WeWake’s model also supports cross-chain activity and uses OAuth with MPC authentication for secure wallet generation. As the prelaunch token continues to draw interest, industry observers are watching how this approach could reshape crypto accessibility.

Final Words

WeWake’s Stage 5 marks a pivotal point, as investor interest continues to accelerate. Each new stage increases the token price, meaning early participants benefit from the most favorable entry.

At $0.016 per WAKE, Stage 5 still offers significant upside before the token reaches its listing target of $0.15. This progressive pricing model not only rewards early adopters but also reflects the growing demand and confidence surrounding WeWake’s unique Layer 2 approach to mass Web3 onboarding.

 

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Dipayan Mitra

Dipayan is a full-time journalist and editor working in the Web3 domain. He has over 4 years of experience in the media industry. A graduate in journalism, Dipayan has a keen interest in keeping himself updated with the latest developments in the crypto-space. Technical analysis and assessing market trends is what he specializes in. His work has been featured on popular crypto platforms like AMBCrypto.

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Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
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