Robinhood Chain reached 863,800 tokenized-stock holders within two months, with daily trading volume averaging between $100 million and $130 million. On September 4th, daily revenue reached $5.4 million and daily UNI burns surpassed $1 million for the first time, with approximately 184,000 UNI burned. Robinhood DEX volume exceeded $3 billion for the first time, with Uniswap accounting for 98% of that activity. Despite record burns, UNI price faces selling pressure from spot traders, but the market structure remains bullish and could target $7 if demand strengthens and the $6 support level holds.
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