ChainCatcher report: Robinhood Chain's daily fee revenue has reached a new all-time high of $6 million, surpassing the previous market expectation of $4.6 million. With recent sustained growth in fee revenue, the chain's 7-day annualized revenue has now reached approximately $1.1 billion. The chain's early activity is primarily driven by trading and token issuance activities of Memecoins such as GMGN and Pons.
Robinhood Chain daily fee revenue reaches $6M record high
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Summary
Robinhood Chain’s daily fee revenue reached a record $6 million, according to on-chain news from ChainCatcher. The chain’s 7-day annualized revenue now totals approximately $1.1 billion, driven by Memecoin trading and new token listings such as GMGN and Pons. The previous high was $4.6 million.
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