Robinhood Chain Rewards Arbitrum, Not Ethereum | Business and Finance News

Robinhood’s new blockchain, Robinhood Chain, is already raking in over $250 million in locked value and billions in trading volume—just three weeks after launch—using Arbitrum’s Layer-2 tech to offload Ethereum traffic. Fees are paid in Ether, and Robinhood funnels 10% of revenue to Arbitrum token holders, leaving Ethereum with minimal economic gain. With Ethereum’s recent upgrades failing to incentivize Layer-2 activity, the trend favors Robinhood and Arbitrum over Ethereum itself, creating a growing disconnect in crypto’s fee economy. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/8887d57a8e4fa62c