Bullish

Robinhood Chain Daily Volume Hits ATH at 11.6M Transactions

09:26

Robinhood Chain records all-time high daily volume of 11.6M transactions, up 30% WoW. TVL rises 32% to $473M as USDe surges to 43% share.

Woofun AI data shows that Robinhood Chain's average daily transaction count reached an all-time high of 11.6 million last week, representing a 30% week-over-week increase. Total value locked climbed 32% to $473 million. While daily active accounts grew 3.3% quarter-on-quarter, they remained 11% below the July 16 peak. USDe now holds $253 million in stablecoin volume, capturing 43% of the total, a sharp rise from $17 million a month ago, displacing USDG from its prior dominant position.

WOOFUN AI

Impact Assessment · Quick Read

The surge in transaction volume and TVL indicates accelerating adoption on Robinhood Chain. The rapid shift from USDG to USDe suggests changing liquidity preferences or integration updates within the ecosystem. Investors should monitor whether this volume growth translates to sustained user retention beyond the current weekly peak.
Generated by WOOFUN AI · For reference only, not investment advice

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