CryptoCointelegraphabout 1 hour ago
Robinhood Chain success splits ETH value debate
1 min read
Robinhood Chain, an Arbitrum-based Ethereum L2, launched July 1 and bridged over $141 million in Ether in two weeks. The chain now holds half a million wallets and surged past Ethereum L1 and Base in 24-hour DEX volume. Ether gained 15% from $1,582 to $1,825 by July 13. Critics note only 0.6% of Robinhood Chain's revenue flows back to Ethereum.
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