Robinhood Chain Surpasses Crypto-Native Rivals in First Month

Rising star in Ethereum's Layer-2 landscape is Robinhood Chain, which generated $3.6 million in transaction fees during its first month of operation.

This figure represents approximately 38% of the estimated total fees collected across major L2 networks during July, making it the top revenue-producing network.

Rather surprisingly, Robinhood Chain surpassed even crypto-native L2s like Ethereum's own Layer-2 solutions, thanks to its support for 24/7 trading of tokenized stocks and decentralized finance applications.