Robinhood Chain Surpasses Ethereum in Daily App Revenue

Robinhood Chain has surpassed Ethereum in daily application revenue two months after its launch. The chain, built by Robinhood to trade tokenized stocks, generated $2.66 million in app revenue over the past 24 hours.

This figure is higher than Ethereum's app revenue of $1.28 million during the same period, according to DefiLlama. Solana led all networks with $5.07 million in daily app revenue.

The majority of Robinhood Chain's app revenue comes from memecoin speculation. Pons, a token launchpad on the chain, collected $5.34 million in fees over 24 hours and $16.77 million over seven days.