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      Robinhood Chain Achieves Record Revenue as ARB Token Sees Significant Surge

      The Arbitrum token ARB has experienced a notable increase of over 30% in the last 24 hours, reaching approximately 11 cents. This surge marks a significant breakthrough for the token, which had been trading within the 7 to 10 cent range since June.

      In related news, the Robinhood Chain, an Ethereum Layer 2 network launched by Robinhood on July 1, has reported unprecedented revenue of $1.92 million in the past 24 hours. This figure positions Robinhood Chain at the top of the blockchain revenue rankings, followed by Canton at $1.76 million, and Tron, Base, and Ethereum with revenues of $974,000, $98,000, and $75,000 respectively.

      Over the past 30 days, Robinhood Chain has generated a cumulative revenue of $5.92 million, with approximately one-third of this amount earned in the last 24 hours and a significant portion accrued in the past week. The chain utilizes the Arbitrum tech stack and adheres to a profit-sharing model that allocates 10% of its profits to the Arbitrum DAO, which received $175,600 in the last day, and $532,000 over the past month.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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