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Robinhood Bets on 3 Crypto Sectors as Blockchain Fees Hit $25 Million

Robinhood Bets on 3 Crypto Sectors as Blockchain Fees Hit $25 Million

Photo by BeInCrypto
Photo by BeInCrypto

Robinhood Chain ranked 3rd by weekly application fees in the week ending July 24. Meme coins and tokenized assets trade side by side on the 4-week-old network.

Now Robinhood is pushing deeper into prediction markets, widening its bets across 3 crypto sectors.

Fees Hit $25 Million as Meme Coins Outpace the RWA Pitch

Applications on Robinhood Chain generated $25 million in fees over the week ending July 24. Only Ethereum (ETH) at $45 million and Solana (SOL) at $39 million ranked higher, per CryptoRank.

“Robinhood Chain’s third-place position makes it one of the strongest blockchain launches in recent years,” CryptoRank said.

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