[Bernstein: Robinhood Chain Could Generate $160 Million in Annual Fee Revenue by 2028] According to a report by Cointelegraph, Bernstein analysts predict that Robinhood Chain could achieve $160 million in annual fee revenue by 2028, driven by demand for tokenized stock trading—which currently accounts for approximately 27% of the chain's total transaction volume. Meanwhile, the share of native meme coin trading has dropped from 100% at its July 1 launch to 36%. Bernstein noted that the automated market maker pools pairing meme coins with stock tokens on Uniswap have created a two-way 'reflexive demand.' In just over two months since its launch, Robinhood Chain has become a leading public blockchain in terms of daily fee revenue, generating $2.13 million in the past 24 hours. Last month, Bernstein raised its target price for Robinhood stock from $130 to $160.