Covalent|Sep 15, 2026 12:32
Robinhood Chain crossed 700M transactions while gas spend collapsed from its $8M peak.
That is the interesting divergence: transaction throughput kept accumulating, but the extreme gas-cost environment that produced the September spike did not.
Pons and GMGN were major sources of the earlier activity, so the cleaner read is that the chain is still processing transactions without the same level of fee pressure seen at the peak.
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