[Robinhood Chain Temporarily Cools Down, Market Awaits Arc Launch to 'Continue the Rally,' Circle Co-Founder May Support On-Chain Speculation] BlockBeats News, September 10: This week, the on-chain rally driven by Robinhood Chain has temporarily cooled down, with major cryptocurrencies experiencing pullbacks. As a result, the market is pinning its hopes for the next wave of momentum on the Arc Chain, set to launch on September 16. Arc Chain, an open blockchain network developed by stablecoin issuer Circle, primarily targets institutional users. However, there is significant debate within the market about whether Arc will strongly support the crypto-native meme coin culture. Ahead of the launch, several crypto-native platforms have already announced their immediate support for Arc Chain, including the NFT marketplace Opensea and the meme coin platform fomo. In response to fomo's announcement of its support, Circle co-founder Jeremy Allaire promptly issued a positive statement, which could be interpreted as a potential signal of support for the crypto-native community. Whether Arc can successfully sustain the on-chain momentum after its launch remains to be seen and will require validation from the market at that time. [Original Article Link]