Crypto

Robinhood Chain Surges Past Rivals with $4M Daily Revenue

Guavy AI Editorial Team Published September 4, 2026

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Rise of the Robinhood Chain: A New Ethereum Layer 2 Blockchain Surpasses Competitors

The two-month-old Robinhood Chain has achieved a remarkable milestone, surpassing other prominent blockchains like Solana and Tron in daily revenue. On September 2nd, it generated $4.01 million in daily revenue.

This surge is primarily driven by the memecoin launchpad Pons and trading bot GMGN, rather than the tokenized stocks that Robinhood originally promoted. The chain's success can be attributed to its 90-day gas subsidy, which covers all Robinhood Wallet transactions, making trades free until September 29th.

The subsidy has indeed fueled explosive growth, but concerns remain about whether users will stay once fees return. The future of the chain depends on this factor, and Robinhood's Q3 earnings in late October will reveal its economic viability post-subsidy.

Robinhood Chain Surges Past Rivals with $4M Daily Revenue

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