Solana co-founder @toly calls Robinhood Crypto’s congestion revenue strategy brain dead

Sep 4, 2026 23:41 (49d ago)

@toly criticized @RobinhoodCrypto’s approach to making money from global congestion.
Front ends charge 50-80 basis points, @toly said in the post.
@toly questioned why Robinhood Crypto would not make money from its app.

Solana co-founder @toly criticized @RobinhoodCrypto for making money from global congestion, calling the approach brain dead. He questioned why the company would not instead generate revenue through its app, saying front ends charge 50-80 basis points, or bips.

SOL