Viewpoint: Robinhood Chain's daily revenue has plummeted by 87% from its peak to 1.06 million USD, not due to a decrease in user activity but because higher capacity has reduced congestion fees
CoinDesk reported that Robinhood Chain's daily revenue dropped 87% from its peak on September 4, to $1.06 million. The decline was not due to a decrease in activity, but rather higher capacity reduced congestion fees.
During the same period, DEX trading volume approached $2 billion, and active addresses increased by 16.5%.
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