Robinhood Chain Fees Plunge 97% as Memecoin Frenzy Cools
Why Did Robinhood Chain Fees Fall 97%? Robinhood Chain 's memecoin boom has cooled sharply, wiping out 97% of the network's daily fee income from its early-September peak even as transaction activity remains close to record levels. At the peak, users paid roughly $8 million in network fees across 13.1 million transactions in a single day, equivalent to about 64 cents per transaction. By September
Why Did Robinhood Chain Fees Fall 97%? Robinhood Chain 's memecoin boom has cooled sharply, wiping out 97% of the network's daily fee income from its early-September peak even as transaction activity remains close to record levels. At the peak, users paid roughly $8 million in network fees across 13.1 million transactions in a single day, equivalent to about 64 cents per transaction. By September
Source: FinanceFeeds