Analysts Question Potential for Meme Coin Boom on Circle Arc Network

Circle's Arc network is scheduled to launch its public mainnet on September 16, but analysts at SoSoValue suggest it is unlikely to replicate the meme coin frenzy seen on Robinhood Chain. Unlike Robinhood Chain, Arc features a validator set consisting of regulated institutions like Visa, Mastercard, and BlackRock, which are expected to discourage speculative activity. Additionally, the network lacks a native token buyback mechanism, uses USDC for gas, and has closed its public mempool to prevent front-running. While Arc is EVM-compatible and will support protocols like Uniswap v4 and Aerodrome, its structural design prioritizes institutional compliance over the speculative mechanics that fueled previous meme coin rallies.