Robinhood Chain Surpasses Solana in Daily Revenue with $791M TVL
The Robinhood Chain has achieved remarkable growth since its launch on July 1, 2026. In just 60 days, it surpassed Solana in daily revenue and reached a total value locked (TVL) of $791 million. The platform's success can be attributed to its seamless integration with Robinhood's 24 million brokerage users, eliminating the need for onboarding friction common in other crypto platforms.
The high trading volumes in tokenized stocks and memecoins have driven the chain's growth. Pons, a memecoin launchpad on Robinhood Chain, has outperformed Solana's Pump.fun in daily fees since August 29, reaching $4.89 million on August 31.
The upcoming end of a 90-day gas subsidy on September 29 will be a test for user retention and long-term viability. Regulatory clarity and continued product innovation are crucial for sustaining the chain's growth.