Solana Surpasses Robinhood Chain in App Revenue by 4.3 Times
According to recent data, Solana's application layer is generating significantly more revenue than Robinhood Chain. In fact, Solana's 24-hour app revenue sits at $6.07 million, compared to roughly $1.40 million for Robinhood Chain. This means that Solana's app revenue is approximately 4.3 times higher than Robinhood Chain's.
The difference in revenue can be attributed in part to the growth of tokenized stocks on the Solana network. The number of unique onchain holders for tokenized equities reached an all-time high of 850,000 this week, with $3.3 billion in RWA volume flowing through the network over the past 30 days.
Additionally, stablecoin activity is also contributing to the increased revenue. Solana's daily stablecoin active addresses reached 888,000 in September, a 269% year-over-year increase from 333,000. Furthermore, Project Harmonia has launched applications connecting Allfunds, a network managing roughly €1.9 trillion in assets, to tokenized funds on SOL.