EL7.AI
StocksMediumUpdated×6•Originally published 5 September 2026•Updated 8 September 2026•
2 min read

Robinhood Chain Fees Hit $3.75 Million in One Day Versus Solana's $899,773 on September 1

Robinhood and Solana logos connected by chains to safes overflowing with gold coins on an orange background.

Key Facts

1Robinhood Chain fees were $3,751,220 on September 1, 2026, versus $899,773 on Solana the same day, per DefiLlama's historical series.
2Fees over the 30 days ended September 1, 2026 were about $22,259,059 on Solana, versus $10,304,589 on Robinhood Chain.
3Robinhood launched the public mainnet on July 1, 2026 as an Ethereum-compatible Layer 2.
4Stock Tokens are available to eligible users in at least 120 countries with 24/7 trading, according to Robinhood.
5HOOD closed at $122.11 on September 4, 2026, while ETH stood at $2,458.98 and SOL at $102.56 on September 5, 2026.

Robinhood Chain recorded $3,751,220 in fees on September 1, 2026, compared with $899,773 on Solana the same day, according to DefiLlama's historical data series. These figures are a snapshot of a single day and do not by themselves establish a lasting shift in market share or liquidity.

Over the 30 days ended September 1, 2026, Solana generated about $22,259,059 in fees, compared with $10,304,589 for Robinhood Chain, according to the same source. This comparison places the single-day reading in context, because a durable competitive position requires recurring activity and stable liquidity over a longer period. A one-day figure cannot be compared directly with a 30-day total.

Robinhood launched the public mainnet on July 1, 2026. It is an open, Ethereum-compatible Layer 2 built using Arbitrum technology, uses ETH for transaction fees and benefits from Ethereum's security; it therefore competes with other networks for applications, users and transaction volume without being independent of Ethereum.

Robinhood Chain is designed for financial services and tokenized real-world assets. The company says Stock Tokens are available to eligible users in at least 120 countries, with 24/7 trading through decentralized exchanges, although availability and restrictions vary by jurisdiction.

Stock Tokens are not equivalent to direct ownership of the underlying shares. Robinhood's disclosures describe them as tokenized debt securities that provide economic exposure to underlying securities without granting legal or beneficial rights in them; they are unavailable in the United States, the UAE and other restricted markets.

In EL7 data, HOOD closed at $122.11 on September 4, 2026, while ETH stood at $2,458.98 and SOL at $102.56 on September 5, 2026. The next assessment points include transaction volume, application diversity, developer activity and liquidity, which determine whether the network can build a sustainable ecosystem.