Posteo

Robinhood Chain revenue is collapsing. Daily revenue has now fallen for five straight days, dropping to just $723K in the last 24 hours. For comparison, the network previously peaked at around $6M per day. Weekly revenue has also fallen to $8.66M. That’s a pretty sharp cooldown in activity after the initial hype. The next few weeks will show whether this is just normalization or whether users are actually losing interest.