Press Enter to search · ESC to close

Crypto DeFi

Robinhood Chain Tops Ethereum in Daily App Revenue

Applications on the two-month-old Robinhood Chain network earned $2.66 million in 24 hours, ranking second behind Solana, with a memecoin launchpad as the biggest single source. This marks a significant milestone as the new chain surpasses Ethereum in daily app revenue.

Original source

AI take

The fact that a two-month-old chain can out-earn Ethereum in daily app revenue, driven largely by memecoin activity, underscores how quickly user attention and fee generation can migrate in this market. It highlights the growing competitive pressure on established networks from newer, faster, and cheaper alternatives that cater to speculative retail flows. The concentration of revenue in a single launchpad raises questions about sustainability and whether this is a durable shift or a temporary spike tied to current hype cycles. Watch whether other emerging chains can replicate this model and whether Ethereum responds with structural changes to retain app developers and users.

Generated by AI for reference only.

Share

Related News

TREE NEWS share card
Long-press image above → Save to Photos / Share
Pitch us Feedback