Robinhood Chain generated 33 million dollars in fees over fifteen days, surpassing Solana with 11 million and BNB Chain with 9 million, according to a Bernstein analysis. The network, launched on July 1, shows 1.5 billion dollars in total value locked and over 50 billion dollars in volume on its decentralized exchange platforms. Robin Hood retains approximately 90 % of fees, Arbitrum about 10 %, and Ethereum less than 1 %. Bernstein maintains its price target at 160 dollars, representing a 31 % upside potential, and forecasts approximately 160 million dollars in annual fees by 2028.
Source: Read the original article
