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taishiro
That suggests capital hasn't disappeared at the same pace as speculative volume.
The challenge now is turning that capital into sustainable usage instead of relying on the next memecoin wave.
Tokenized equities and other RWAs could become a stronger foundation, especially given Robinhood's existing retail distribution and financial infrastructure.
With its October 27 earnings call approaching, I'm watching for signs that Robinhood can convert its massive user base into real onchain demand.
taishiro
For context, Solana is generating roughly $4M in daily app revenue, with $5.8B in DeFi TVL compared to Robinhood Chain's $1.138B.
Pons, one of the chain's biggest growth drivers, has also seen revenue fall to around $35K to $55K daily. That is a major cooldown from the explosive activity that briefly put it ahead of established launchpads like Pump .fun
But I wouldn't write the chain off just yet.
The more important detail is that TVL has held up better than trading activity.
Дисклеймер: контент OKX Orbit предоставляется исключительно в информационных целях. Подробнее
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