Morning Minute: Robinhood Chain Flips Ethereum and Base in Fees
Vlad Tenev’s new blockchain is soaring in all metrics as memes paired with tokenized stocks start to take off.
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Vlad Tenev’s new blockchain is soaring in all metrics as memes paired with tokenized stocks start to take off.
The two-month-old network processed a record 5.52 million transactions on Aug. 30 as users launched 22,600 tokens and memecoin trading tools drove most of the $2.66 million in revenue.
The Bank of Russia recently included ETH and USDT in a draft list of cryptocurrencies approved for public trading on Russian exchanges.
Some $6 million reached Ethereum before validators froze the chain, stranding the rest on a network that still is not producing blocks.
The 35.75-day backlog represents an annualized opportunity-cost estimate as deposits share a 256 ETH-per-epoch activation gate.The postA 36-day staking bottleneck is costing Ethereum depositors over $350,000 in lost rewards dailyappeared first onCryptoSlate.
Spot Bitcoin ETFs shed $201.9 million on Aug. 28, ending a nine-day inflow run, even as Ethereum funds extended a 10-day streak with fresh cash.