Crypto· Ethereum

Robinhood Chain Tops Ethereum In Daily App Revenue

Applications on the two-month-old Arbitrum network earned $2.66 million in 24 hours, ranking second behind Solana, with a memecoin launchpad as the biggest single source. Robinhood Chain generated more revenue for the applications running on it than Ethereum did over the past 24 hours, two months after the network went live.

By AI NewsroomPublished 3 days agoUpdated about 8 hours ago5 views

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Key Facts

Fact 1: Applications on the two-month-old Arbitrum network earned $2.66 million in 24 hours, ranking second behind Solana, with a memecoin launchpad as the biggest single source.
Fact 2: Robinhood Chain generated more revenue for the applications running on it than Ethereum did over the past 24 hours, two months after the network went live.
Fact 3: Robinhood Chain's 24-hour app revenue was $2.66 million as of 18:30 UTC on Monday, against $1.28 million for Ethereum, according to DefiLlama.
Fact 4: Solana led all networks with $5.07 million, followed by Robinhood Chain, Hyperliquid at $1.7 million, BNB Chain at $886,126 and Base at $438,882.

The chain Robinhood built to trade tokenized stocks now earns most of its application revenue from memecoin speculation. The ranking also rests on a metric that strips out stablecoin issuers, liquid staking and gas fees, the categories that produce most of Ethereum's onchain income. Robinhood Chain's 24-hour app revenue was $2.66 million as of 18:30 UTC on Monday, against $1.28 million for Ethereum, according to DefiLlama.

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