Revenue on Robinhood Chain hit a 24-hour record of $1.9 million, driving a 30% rally in ARB as traders chased downstream gains.
- Robinhood's Ethereum-based network pulled in $1.92 million in 24-hour revenue, outpacing all other blockchains and triggering a 30% price jump for Arbitrum's ARB token.
- Under their technology agreement, 10% of Robinhood Chain's net profits stream back to the Arbitrum ecosystem, resulting in a daily payout of over $175,000 to the Arbitrum Foundation during the peak.
- While the ARB token market cap expanded by $170 million, the incoming network revenue goes to the treasury rather than to token holders, meaning traders are largely chasing correlated momentum.
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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
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