Robinhood Chain Sees Explosive Growth with $4.6M Daily Revenue
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.