Robinhood Chain, the Layer-2 network launched on July 1, 2026, generated $1.07 million in daily gas fees on August 31, surpassing Solana, Base and Ethereum. The network processed 5.52 million daily transactions on August 30 with a DEX volume of $1.49 billion. Activity is primarily driven by memecoins, with more than 22,600 new tokens launched on peak days. Robinhood retains approximately 89% of gross fees, representing roughly $950,000 of the $1 million generated.
Source: Read the original article
