Key Points Robinhood recently launched a new blockchain. Its chain is currently very popular for trading meme coins. In fact, it's so popular that it's bringing in a lot more fee revenue than Ethereum, a much larger and older chain. 10 stocks we like better than Robinhood Markets › Robinhood Markets' (NASDAQ: HOOD) newly launched Robinhood Chain is now a bigger earner than Ethereum (CRYPTO: ETH) in terms of the fees it brings in. Over the 30 days ending on Sept. 10, the network's users paid $34.4 million in transaction fees, whereas Ethereum only saw $11.3 million, per data from DefiLlama. Most of the Robinhood Chain's haul flooded in during the final seven days of that period, as the crypto market's speculative fervor intensified considerably.
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