Solana Co-Founder Slams Robinhood Chain Fees, Calls Congestion Profits ‘Brain Dead’
Solana co-founder Anatoly Yakovenko has criticized Robinhood Chain charges, arguing that the brokerage income from community congestion fairly than charging customers overtly inside its personal app.
Robinhood Chain transaction charges now common roughly $0.40. Yakovenko says Solana handles the identical work for a fraction of a cent.
Why Robinhood Chain Fees Keep Climbing
Robinhood Chain went stay on mainnet on July 1, 2026. The community runs on Arbitrum know-how, settles to Ethereum, and makes use of Ether (ETH) for gasoline.
Usage has climbed onerous since. Robinhood Chain charges reached $4.22 million in sooner or later towards roughly 10.4 million transactions, data exhibits. That lands close to $0.40 every.
Median prices level the identical method. Currently, the community ranks first amongst 27 chains at $0.24, forward of each rival. Congestion units that value, not a posted price.
Growth explains a part of the strain. Grayscale not too long ago named Robinhood Chain among the many three leading venues for tokenized inventory buying and selling, alongside BNB Chain and Solana.
Meanwhile, Solana prices a base charge of 5,000 lamports per signature. Lamports are Solana’s smallest unit, and 1 SOL equals 1 billion lamports.
At the present Solana price close to $102, that charge stays nicely underneath a cent. Solana (SOL) is down 1.64% on the day.
Solana Co-Founder Points on the Arbitrum Revenue Share
Robinhood Chain charges additionally feed Arbitrum. The brokerage arms over 10% of web income underneath its licensing phrases. Of that, 8% goes to the Arbitrum DAO treasury, and a pair of% funds the Developer Guild.
Those funds have already revived Arbitrum’s ARB token, which climbed 90% off its document low. Yakovenko argues the identical slice would cowl Solana charges 4 instances over.
Not everybody reads Robinhood Chain charges that method. Gnosis co-founder Martin Köppelmann famous Robinhood earns cash fairly than giving the service away. He doubted the pitch would land.
Yakovenko replied that entrance ends usually cost 50 to 80 foundation factors. For instance, Uniswap ranks among the many busiest network apps, alongside Relay.
Still, Robinhood Chain charges are just one pressure. The chain additionally stalled block production briefly this week, and customers paid $0.40 anyway.
The wider query is who finally ends up paying. Users cowl the $0.40, Ethereum takes its settlement value, and Robinhood retains the remainder.
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