Robinhood Chain Tops Ethereum in Daily App Revenue as Memecoin Activity Surges

Robinhood Chain recorded its busiest day since launch, with applications on the network earning about $2.66 million over 24 hours and pushing the two-month-old blockchain ahead of Ethereum in daily app revenue, according to CoinDesk reporting published August 31, 2026.

The milestone came from an unusual source: memecoin trading tools rather than the tokenized stocks the network was built to host.

Apps on the chain earned the $2.66 million total in a single day, second only to Solana’s $5.07 million and ahead of every other network, according to DefiLlama data cited in the report.

That was roughly twice what applications on Ethereum brought in over the same period and six times the figure for Base.