CoinsAQ summary · neutral
Robinhood Chain’s TVL Nears $1B, but Failed L1s Raise Sustainability Question
What happened
Four blue-chip layer-1 blockchains from the last market cycle have lost more than 99% of the value once locked on them, and a crypto researcher is asking if Robinhood Chain is next. Stacy Muur pointed to steep TVL losses at Fantom, Aurora, Canto and Songbird, putting Robinhood.
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