Robinhood Chain Goes Down for 14 Minutes, HOOD Stock Drops 5%

TLDR

• Robinhood Chain stopped producing blocks for over 14 minutes on Sept. 4, stalling all transactions
• The outage affected around 8,400 expected block intervals at the chain’s normal 100ms block speed
• Robinhood has not explained the cause or published a recovery timeline
• Robinhood stock fell as much as 5.1% during Friday’s session before partially recovering
• L2BEAT ranks Robinhood Chain below Stage 0, its lowest decentralization tier, with $2.46 billion in assets on the chain

Robinhood Chain, the company’s Ethereum layer-2 network, stopped producing blocks for more than 14 minutes on Friday. The outage left token transfers and smart contract transactions stalled with no confirmation.

⚡️BREAKING: Robinhood Chain $HOOD stopped producing new blocks, leaving transactions stalled for at least 14 minutes.

The cause of the network outage and an estimated recovery time have not been disclosed. pic.twitter.com/O6ifDCr2TH

- Coin Bureau (@coinbureau) September 4, 2026

The halt began at around 12:57 p.m. UTC on Sept. 4. Users could still submit transactions, but the network could not process them while block production was paused.

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