Robinhood Chain surpasses $1M in fee revenue 2 weeks after launch

Robinhood Chain, the Ethereum (ETH) Layer 2 network from U.S. trading app Robinhood (Nasdaq: HOOD), has surpassed $1 million in fee revenue just two weeks after its official launch, according to on-chain analyst Tom Wan. He explained that after subtracting $7,430 in costs paid to the Ethereum Layer 1, the chain's net revenue stands at approximately $998,000.