Foreign media reports that two months after the launch of Robinhood Chain, its transaction fee revenue has surpassed that of Ethereum and Base. Meanwhile, mainstream cryptocurrencies such as BTC, ETH, and SOL saw slight declines over the weekend. The market was also affected by the situation in the Middle East and several security incidents on the blockchain.
Robinhood Chain Revenue on the Rise
In the past 30 days, Robinhood Chain generated approximately $3.13 million in revenue, ranking third on the entire network, behind only Canton and Tron. In the past 24 hours, this chain earned about $495,000 in revenue, which is significantly higher than Base's $71,700 and Ethereum's $25,700.
On-chain application revenue has also increased accordingly. The applications on Robinhood Chain generated approximately $1.84 million in revenue over the past 24 hours, ranking behind Solana but surpassing Ethereum. Over the past 30 days, Ethereum continued to lead with $45.84 million in revenue, while related applications on Robinhood Chain earned $21.05 million.
TVL, DEX and stablecoins experience synchronous growth
The total locked-up volume of this chain has risen to 727 million US dollars, with a 7.4% increase in 24 hours. The cross-chain capital scale has reached 2.32 billion US dollars, and the supply of stablecoins has increased to 769 million US dollars, with a weekly increase of 7.8%.
In the past 24 hours, the DEX trading volume of Robinhood Chain reached 1.19 billion US dollars, with the trading volume of perpetual contracts being approximately 190 million US dollars. The on-chain RWA trading volume has set a new record for four consecutive days, with a single-day volume of around 115 million US dollars.
Pons becomes the main promoter
Pons is one of the core projects in this round of growth. Over the past 30 days, its DEX trading volume amounted to approximately 209 million US dollars, and on Saturday, it recorded a new daily high of 690,000 US dollars in revenue.
PONS tokens rose by 46% on the same day and a cumulative 499% within the week, with a market value of approximately $255 million. About 80% of the V1 revenue from this project is used for token repurchase and destruction, which has led to a simultaneous increase in both revenue and token price.
Market and security events occur in parallel.
At the macro level, BTC reported $77,900, ETH reported $2,450, SOL reported $103, and HYPE reported $81.3. After the United States and Iran launched attacks on each other again, U.S. stock futures also weakened slightly.
Other news also includes: Solana Verifiers passed the vote to lower the inflation rate; Kalshi Setbacks in the sports contract regulation case in Nevada; BitGo Acquisition of NYDIG Institutional trading business; Avici Lost approximately $1.1 million due to vulnerabilities in older contracts; Cronos The entire chain was suspended due to an attack; Polygon Revealed that consensus and denial-of-service vulnerabilities have been fixed.
