Robinhood Chain posted a record average of 11.6 million daily transactions last week, up about 30% from the previous week, while total value locked, or TVL (crypto deposited in onchain apps), rose 32% to $473 million. User growth was far more subdued: daily active accounts increased just 3.3% week over week and remained 11% below the July 16 high. The divergence suggests the surge in trading and capital on the network was driven mainly by existing users increasing activity rather than by a broad influx of new accounts, The Block reported.