The two-month-old network processed a record 5.52 million transactions on Aug. 30 as users launched 22,600 tokens and memecoin trading tools drove most of the $2.66 million in revenue.
- Robinhood Chain processed a record 5.52 million transactions on Aug. 30, while decentralized exchange trading reached about $875 million.
- Users launched about 22,600 tokens through Pons in one day, underscoring how speculative memecoins have eclipsed the network’s intended focus on tokenized stocks.
- Apps on Robinhood Chain earned about $2.66 million over 24 hours, with the memecoin tools GMGN and Pons and the decentralized exchange Uniswap generating about 88 percent of the total.
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The Definitive Stablecoin Landscape Series: Asia Pacific
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Why it matters :
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Cathie Wood says smart investors need to start watching where AI agents spend money
U.S. added just 29,000 jobs in September, with unemployment rate rising to 4.2%
Crypto traders are in risk-on mode as bitcoin dominance nears return to 60%
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