Robinhood Chain's revenue fell 83% in six days, but it's not because of reduced activity. Its trading volume hit a record in the same stretch. @RobinhoodApp chain is clearing about as many transactions as it did at the peak, roughly 14 million a day, and charging a fraction of the price. A transaction cost 43 cents in gas on Sept. 4. It cost 8 cents on Sept. 10. Gas is the price of blockspace. Memecoin congestion drove it up through early September, and when the congestion cleared the base fee fell back toward its floor. Robinhood's cut went with it. Read more here: https://thedefiant.io/news/blockchains/robinhood-chain-revenue-falls-83-from-peak-while-trading-volume-sets-records(The Defiant)