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The brokerage's Ethereum L2 network is pulling in more daily app revenue than the chain it's built on, mostly thanks to memecoin trading tools Tue 1 Sep 2026 · 11:13 EDT · 2 min read In Technology Robinhood’s Ethereum Layer-2 blockchain generated roughly $2.2 million in revenue.
After dipping below $77,000 on Monday morning following the new strikes in the Middle East, BTC jumped by two grand, but it was stopped again and now sits in the middle of this range. Most larger-cap alts have failed to recover the recent losses, with ETH still struggling at.
Photo: Photo: Rostislav Uzunov / Pexels / Pexels Robinhood Chain is pulling in more daily app revenue than Ethereum, and a memecoin launchpad nobody planned for is doing most of the heavy lifting. Robinhood Chain, the company’s Ethereum Layer-2 blockchain that launched on July.
Bitcoin began the new business week with a dip below $77,000 as geopolitical tensions in the Middle East escalated amid new attacks, but has since managed to shrug off the losses. The same cannot be said about most larger-cap alts. ETH is still struggling at $2,500, while BNB.
The Arbitrum-based Layer 2 pulled in $2.66 million in 24-hour app revenue, with memecoin trading platforms driving the bulk of activity. Less than two months after its public mainnet launch, Robinhood Chain generated $2.66 million in app revenue over a single 24-hour period on.
Over 231 protocols now share revenue with token holders, up from roughly 10 in 2021, as the sector's buyback spending surges past $800 million in a single month. DeFi is starting to act like corporate America. A growing number of protocols are funneling revenue back to token.
Bitcoin moves toward a post quantum future, Solana validators agree to curb rampant inflation and the bull case from Bernstein is for Bitcoin to peak at $500K this cycle. Despite considerable skepticism among Bitcoiners about how close the quantum threat to Bitcoin actually is,.
