Robinhood Chain Tops Ethereum in Daily App Revenue as Memecoin Activity Surges

Robinhood Chain recorded its busiest day since launch, with applications on the network earning about $2.66 million over 24 hours and pushing the two-month-old blockchain ahead of Ethereum in daily app revenue, according to CoinDesk reporting published August 31, 2026. The milestone came from an unusual source: memecoin trading tools rather than the tokenized stocks the network was built to host.

Apps on the chain earned the $2.66 million total in a single day, second only to Solana’s $5.07 million and ahead of every other network, according to DefiLlama data cited in the report. That was roughly twice what applications on Ethereum brought in over the same period and six times the figure for Base.

Record Activity Driven by Memecoin Launchpads

The network processed 5.52 million transactions on August 30, an all-time high, while decentralized exchange trading reached about $875 million, according to on-chain data. Pons, an application that lets users create and trade tokens on Robinhood Chain, saw about 22,600 new tokens launched in a single day, up more than 40 percent from the day before. The memecoin tools GMGN and Pons together generated about $2 million of the chain’s app revenue, while Uniswap contributed roughly $307,000 more, meaning the three applications accounted for about 88 percent of the total.