Robinhood Chain generated $42.58 million, or 17,171 ETH, during its first 70 days on mainnet, according to data cited by BlockBeats, while Bernstein analysts led by Gautam Chhugani estimated daily transaction fees of $2 million to $4 million. Robinhood retains about 90% of fees, Arbitrum receives roughly 10%, and less than 1% goes to Ethereum for data-processing costs. Built with Arbitrum’s Orbit stack, the Layer-2 network launched on July 1 to support tokenized stocks and real-world assets, but memecoin activity from launchpad Pons and trading tools including GMGN drove substantial usage. The network reached about $1.5 billion in total value locked and more than $50 billion in decentralized-exchange volume. Bernstein maintained its Outperform rating and $160 price target for Robinhood Markets, reported roughly $33 million in fees over a 15-day period, and projected $160 million in annual fees, with reports citing different time horizons, including the following year and 2028.