BitMine Lauds Robinhood Chain’s Growth
BitMine, the world’s largest Ethereum treasury agency based by Tom Lee, has celebrated Robinhood Chain for its spectacular progress inside simply over one week of launch.
A latest X put up has seen BitMine acknowledge Robinhood Chain’s progress because the community continues to boast of main milestones throughout the DeFi ecosystem.
Robinhood Chain surpasses $1 billion milestone
BitMine’s appraisal got here after a Robinhood government shared a number of main milestones the community has achieved in nearly per week of launch.
The put up revealed that Robinhood Chain has crossed over $1 billion in DEX quantity, and has already reached 17 million transactions with almost 350k whole addresses registered on the blockchain.
Along with this, Robinhood Chain additionally boasts of almost reaching $250 million in its protocol TVL because it continues to see speedy adoption in simply over one week after it launched.
This spectacular progress has triggered a response from BitMine because it described the community as one of many largest breakout launches the crypto group has seen in years.
Robinhood Chain Flips Ethereum
Whereas Robinhood Chain has continued to trigger a buzz throughout the group amid its unmatched emergence, the community continues to outperform current blockchains in main DeFi actions.
Newest knowledge have additionally proven that Robinhood Chain has flipped Ethereum in its 24-hour DEX quantity, drawing consideration from buyers throughout the crypto house.
Per the info, Ethereum accounted for simply $778 million in its DEX quantity over the past 24 hours, whereas Robinhood Chain surpassed that quantity with $877.56 million in the identical metric.
