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Robinhood Chain Sees Explosive Growth with $4.6M Daily Revenue

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Rising to prominence in the Ethereum ecosystem is Robinhood Chain, which recently generated $4.6 million in daily revenue during a late-August surge.

This places it on an annualized trajectory of approximately $1.7 billion and among the highest-revenue Layer-2 networks in the ecosystem.

The driving force behind this activity isn't the tokenized stocks or real-world assets Robinhood initially pitched, but rather memecoins.

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