Robinhood Chain's applications generated $2.66 million in revenue within 24 hours on August 30, outperforming established platforms like Ethereum ($1.27 million) and Hyperliquid L1 ($1.7 million). This significant revenue, largely driven by Gmgn, Pons, and Uniswap, highlights Robinhood Chain's rapid growth since its July 1 launch. While Hyperliquid still dominates in perpetual futures volume, Robinhood Chain's success in app revenue indicates its effectiveness in attracting retail trading activity and generating fees.
Over the weekend, the cryptocurrency market remained calm with minimal price changes in major assets like Bitcoin and Ethereum. Bitcoin held steady near $78,000, while Ethereum saw a slight decline. Monero stood out with a notable 9.9% gain, suggesti...
Bitcoin traded near $77,900 on Aug. 31, showing resilience despite renewed US-Iran conflict that pushed oil prices above $90 and pressured global stocks. BTC gained about 23% in August, outperforming gold and Nasdaq. The Federal Reserve's hawkish sta...
Ethereum has rallied 34% over the past month, outperforming major cryptocurrencies and trading around $2,440–$2,465. Analyst Tom Lee projects Ethereum could reach $6,000 if Bitcoin climbs to $150,000 by the end of 2026, driven by a rising ETH/BTC rat...
Bitcoin held steady between $77,580 and $78,800 despite U.S.-Iran tensions boosting oil prices nearly 2%. It outperformed gold and Nasdaq in August with a 23% gain. Large investors bought $3 billion in BTC last week, while Bitcoin ETFs saw a sharp $2...
Ripple has significantly increased the issuance of its RLUSD stablecoin, minting tens of millions of tokens on both the XRP Ledger and Ethereum recently. This surge has pushed the total RLUSD supply above $2 billion, with about 56% on Ethereum and 44...
