Robinhood’s Ethereum Layer-2 blockchain generated approximately $2.66 million in daily application revenue on August 30, 2026, surpassing Ethereum’s own app revenue that day, with only Solana generating more. Just two months after its launch, the chain is running at an annualized pace of roughly $800 million in revenue. The revenue is primarily driven by memecoin-focused applications including GMGN, Pons, and Uniswap. In July 2026, Robinhood Chain captured 38% of total Ethereum Layer-2 fees. For Robinhood, this blockchain represents a potentially transformative new business line for the company, which reported $2.95 billion in total net revenue for 2025.
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