Robinhood Chain Weekly Revenue Tops Hyperliquid at $15.85M
HOOD sits 79% above its 52-week low of $63.515.
Summary
Robinhood Chain generated $15.85M in revenue over the past 7 days, surpassing Hyperliquid's $12.44M. This is the first time the Layer-2 blockchain has overtaken a major competitor in weekly revenue, signaling strong adoption and monetization since its July launch. The milestone follows Robinhood's aggressive crypto expansion and could support further valuation upside for the crypto segment.
At the time of this announcement, HOOD was trading at $113.66 on NASDAQ in the Crypto Assets sector, with a market capitalization of approximately $98.7B. The 52-week trading range was $63.52 to $153.86. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Binance News.