Capital DailyCapital Daily
Markets · Investing · Business
Capital DailyCapital Daily
Finance

Watch Out, Solana and Ethereum. Robinhood's Blockchain Is Eating Your Lunch.

Robinhood's new blockchain is soaking up a lot of attention and capital that might otherwise go to Solana or Ethereum.

Watch Out, Solana and Ethereum. Robinhood's Blockchain Is Eating Your Lunch.

Published September 5, 2026 · Category: Finance

Overview

Robinhood Markets' (NASDAQ: HOOD) two-month-old blockchain that runs on technology licensed from Arbitrum (CRYPTO: ARB) is now out-earning every other network in crypto on a daily basis. Arbitrum's coin jumped by 30% on Sept. 1 as the market realized that it captures a slice of the fees flowing toward Robinhood Chain. Then, on Sept. 2, Robinhood's users paid $3.7 million in fees, whereas Solana (CRYPTO: SOL) only brought in $899,773 in the same period, and Ethereum (CRYPTO: ETH) only $314,988.

What's more, Robinhood is successfully competing in the exact segments that both of those networks are relying on for growth. It's eating their lunch, and it's just getting started -- so what's the best move for investors to profit from the market's new entrant and its powerful debut?

Image source: The Motley Fool.

Details

Continue reading

Source

Originally published at www.fool.com.

Related Articles

CD
Capital Daily Newsroom

Capital Daily covers markets, crypto and commodities for Asia & the Middle East — tier-1 desk research, AI-driven analysis, institutional-grade data. Tip our newsroom: [email protected]

Email the newsroom →
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.