Robinhood Chain slowdown spreads from fees to trading as transactions fall more than 40%

Robinhood Chain daily transactions fell from 10.8 million to 6.2 million since mid-September, a drop of more than 40%. The slowdown spread from fees to trading activity, even as Robinhood continues paying network fees on customer swaps. The decline highlights the volatility of memecoin markets and the need for diversified blockchain applications.