The blob consumption on Ethereum can also be used to infer that on-chain activity for Robinhood Chain hasn’t cooled down. Ethereum blob consumption has hit a new high, indicating a surge in activity across the Ethereum L2 ecosystem. As the leader in blob consumption, RH Chain’s market share in the blob space has not decreased but actually increased in recent days, which indirectly shows that the rising on-chain transactions on RH Chain are driving higher demand for Ethereum block space. So why has RH Chain’s chain fees/chain revenue dropped significantly? It’s safe to say that @RobinhoodApp’s official adjustment to the gas target parameter has had an immediate and noticeable effect.