Crypto news report · source clearly identified
Robinhood Chain Surpasses Ethereum in Daily Revenue Amid Memecoin Surge
On August 30, the two‑month‑old Robinhood Chain recorded 5.52 million transactions, launched 22,600 new tokens and generated $2.66 million in revenue, largely from memecoin trading tools.
Robinhood Chain, a blockchain platform only two months old, outperformed Ethereum in daily revenue on August 30, driven by a sharp increase in memecoin activity.
Record Transaction Volume
The network processed a record 5.52 million transactions in a single day, marking its highest daily throughput since launch.
Token Launch Activity
During the same period, users created 22,600 new tokens on the chain, reflecting strong interest in deploying assets on the platform.
Revenue Driven by Memecoin Trading
Revenue for the day reached $2.66 million, with the majority attributed to trading tools focused on memecoins.
Source & attribution
News Source
- Publisher
- CoinDesk
- Original date
- August 31, 2026, 11:53 AM
- Original headline
- Robinhood Chain beats Ethereum in daily revenue as memecoin trading takes over