Altcoins

HOOD stock recovers as Robinhood chain hits record fees

Robinhood Chain is the undertaking of the hour!

The most recent numbers make Robinhood Chain the best income engine, and it appears to be like prefer it has helped HOOD inventory shoot up.

Robinhood Chain charges hit $3.75M

Robinhood Chain had its strongest fee day on September 1. That’s $3.75 million in day by day charges and an prolonged ATH streak of 4 straight days!

However that’s not all.

Supply: DeFiLlama

The extra fascinating half is what this implies for Arbitrum [ARB].

Robinhood Chain normally shares 10% of its charges with the Arbitrum Basis. 80% goes to the Arbitrum DAO and the remaining 20% to the developer fund.

Which means about $370K in day by day income for the Arbitrum ecosystem by way of this route. For context, Arbitrum generated lower than $15,000 in charges… on the identical day!

Memecoin-stock pairs main the race?

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