Follow UsRobinhood Chain slowdown spreads from fees to trading as transactions fall more than 40%
Bearish-11.55%
10 Oct, 04:44
Source: CoinDesk
AI Summary
Robinhood's blockchain network experiences over 40% decline in daily transactions, raising concerns about platform scalability and user trading activity.
Daily activity has dropped from 10.8 million transactions to 6.2 million since mid-September even as Robinhood keeps paying network fees on customer swaps.