On-chain analyst Tom Wan reported that Robinhood Chain, the native blockchain of the US stock and cryptocurrency trading app Robinhood (NASDAQ ticker: HOOD) and an Arbitrum (ARB)-based Ethereum (ETH) Layer 2, recorded daily fee revenue of $6.12 million on the 4th (local time), once again breaking its all-time high. He added, "I thought it would be difficult for Robinhood Chain's daily fee revenue to rise above $4.6 million due to its chain design structure, but it surpassed $6 million in just one day. Based on the last 7 days, Robinhood Chain's annualized fee revenue amounts to $1.1 billion."
