According to CoinMeta, on August 29, 2026, the Robinhood chain reached a record-high daily decentralized transaction volume of $989 million. At the same time, the total locked-up value ($TVL) on the chain also soared to $708 million, nearly doubling from just a month ago. The supply of stablecoins on the chain also increased by 47%, reaching approximately $770 million. Currently, the main drivers of this increase in transaction volume are projects with practical applications, rather than merely meme tokens.