đš Robinhood Chain Activity Collapses 42%: The Fee Subsidy Trap
đ Alpha Breakdown:
Robinhood Chain daily transactions fell from 10.8 million to 6.2 million between September and October. Daily active addresses dropped 31%. Weekly spot trading volume declined 21% to $7.45âŻbillion. Robinhood continues covering network fees on swaps over 50 cents through DecemberâŻ31. The subsidy is failing to sustain organic network usage....
đ Full Breakdown on YourWeb3Guy:
https://www.yourweb3guy.com/news/robinhood-chain-activity-collapses-42-the-fee-subsidy-trap
#RobinhoodChain #Layer2 #Ethereum #Liquidity
đ Alpha Breakdown:
Robinhood Chain daily transactions fell from 10.8 million to 6.2 million between September and October. Daily active addresses dropped 31%. Weekly spot trading volume declined 21% to $7.45âŻbillion. Robinhood continues covering network fees on swaps over 50 cents through DecemberâŻ31. The subsidy is failing to sustain organic network usage....
đ Full Breakdown on YourWeb3Guy:
https://www.yourweb3guy.com/news/robinhood-chain-activity-collapses-42-the-fee-subsidy-trap
#RobinhoodChain #Layer2 #Ethereum #Liquidity