Previously, due to the Memecoin craze, Robinhood Chain's network gas fees once rivaled those of mainstream blockchains. Recently, its transaction fee revenue has seen a sharp decline. According to growthepie data, the network's daily transaction fees plummeted 97% from a peak of approximately $8 million in early September to around $230,000 on September 16. The steep drop in fees is mainly attributed to reduced network congestion and significantly cheaper fees, rather than a major loss in on-chain activity. DeFiLlama data shows that in the 7 days leading up to September 16, DEX trading volume on Robinhood Chain defied the trend and grew 5% week-over-week to $12.8 billion, while the network's stablecoin supply remained steady at around $1 billion. Although the core launch platform Pons experienced a cooling in weekly trading volume and revenue, the fees and protocol revenue generated by on-chain ecosystem applications in 24 hours still far exceeded the revenue from the chain's base layer. (CoinDesk) https://www.(wublock123.com)/news/robinhood-chain-day-fees-plunge-97-onchain-volume-dex-activity-high-68672