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Home›Crypto›Market Structure›Robinhood Chain logs 11.6M daily transactions as USDe…

Robinhood Chain logs 11.6M daily transactions as USDe boosts TVL

Reported · Written up by our desk · Market Structure

Robinhood Chain hit 11.6 million daily transactions, highlighting a sharp rise in activity even as its user base shows signs of stagnation, according to The Block.

The outlet also linked growth in on-chain value to USDe, saying the token is helping push total value locked higher.

Overall, The Block described a divergence on the network, with transaction volume and TVL moving up while user growth remains flat.

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Sources

The BlockRobinhood Chain hits 11.6 million daily transactions as USDe fuels TVL growth

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