Robinhood Chain beats Ethereum in daily revenue as memecoin trading takes over
Reported by CoinDesk · coindesk.com · August 31, 2026
The two-month-old network processed a record 5.52 million transactions on Aug. 30 as users launched 22,600 tokens and memecoin trading tools drove most of the $2.66 million in revenue.
What the tape says
What to watch: This report cites a concrete figure ($2.66 million) — compare it against the trailing trend before treating one data point as a turning point.
Market reaction today: $HOOD -2.09%, $ETH-USD +0.78%
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