Cryptocurrency19 Sept 2026SEO 801 min read

Analysis: Robinhood Chain fees collapse 97% even as transactions stay near record highs

Seven-day average fees fell 82% while transaction counts slipped 6%, with about $1.5 billion a day still changing hands. The memecoin rush that made Robinhood…

Seven-day average fees fell 82% while transaction counts slipped 6%, with about $1.5 billion a day still changing hands. The memecoin rush that made Robinhood Chain one of the most expensive networks has cooled, taking 97% of the network's fee income with it, even as transaction counts held near their highs. That marks a sharp turn from Aug. 30, when applications on the two-month-old chain earned $2.7 million in a day, twice as much as those on Ethereum and behind only Solana. Token issuan…

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