Video | Crypto Podcast Milk Road: Robinhood's on-chain trading is bringing significant buyback pressure to UNI.

In a recent episode of the crypto podcast Milk Road, the hosts expressed a preference for foundational infrastructure like Uniswap over simply trading meme coins. They argued that whether it's meme coins, tokenized stocks, or RWAs, once trading activity heats up, a significant volume of transactions will ultimately flow to underlying protocols such as Uniswap. The podcast also noted that meme coins and RWAs on the Robinhood chain are rapidly gaining momentum, with Uniswap capturing a large share of that trading demand. As a portion of transaction fees is further converted into UNI buyback pressure, this kind of "selling shovels" DeFi infrastructure could emerge as a longer-term beneficiary of the current market cycle.