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Robinhood's Ethereum-Based Chain Logs $39M in Fees Since July Launch

COINOTAG·September 8, 2026·1 min read
Robinhood's Ethereum-Based Chain Logs $39M in Fees Since July Launch

Robinhood's Ethereum-based chain generated $39 million in fees since its July launch. Bernstein reaffirmed a $160 price target for Robinhood. The fee revenue indicates strong adoption, while the target suggests confidence in growth. On-chain data shows the AMC squeeze mechanism failed.

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