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Starlex_Club
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Bearish🚨 September 1 | Robinhood Chain Is Exploding in Popularity
According to DeFiLlama, Robinhood Chain has set new all-time highs in daily trading volume for five consecutive days, fueled by the ongoing memecoin trading frenzy.
On September 1, daily trading volume reached $1.43 billion, surpassing the previous day’s record of $1.40 billion. This puts Robinhood Chain second only to Solana in trading volume.
Even more impressive are the network’s fee figures. Over the past 24 hours, Robinhood Chain generated approximately $2.13 million in fees, exceeding the combined fees of four major networks: Ethereum, Solana, BNB Chain, and Base.
Network revenue has also surged, reaching around $1.92 million over the same period. By comparison:
• Ethereum — $110.1K
• Solana — $90.7K
• BNB Chain — $49.5K
• Base — $98.4K
That means Robinhood Chain generated roughly 5.5× more revenue than the four networks combined.
⚠️ However, much of this activity is driven by frequent memecoin trading. Robinhood Chain’s TVL remains relatively small, while market volatility and associated risks remain extremely high.
#BNB #Base
#RedPacketMission #bitcoin #cryptonew $BTC $SOL
According to DeFiLlama, Robinhood Chain has set new all-time highs in daily trading volume for five consecutive days, fueled by the ongoing memecoin trading frenzy.
On September 1, daily trading volume reached $1.43 billion, surpassing the previous day’s record of $1.40 billion. This puts Robinhood Chain second only to Solana in trading volume.
Even more impressive are the network’s fee figures. Over the past 24 hours, Robinhood Chain generated approximately $2.13 million in fees, exceeding the combined fees of four major networks: Ethereum, Solana, BNB Chain, and Base.
Network revenue has also surged, reaching around $1.92 million over the same period. By comparison:
• Ethereum — $110.1K
• Solana — $90.7K
• BNB Chain — $49.5K
• Base — $98.4K
That means Robinhood Chain generated roughly 5.5× more revenue than the four networks combined.
⚠️ However, much of this activity is driven by frequent memecoin trading. Robinhood Chain’s TVL remains relatively small, while market volatility and associated risks remain extremely high.
#BNB #Base
#RedPacketMission #bitcoin #cryptonew $BTC $SOL
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.
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