Robinhood Chain Sees Cooling: Daily Active Users Drop 31% Since Mid-September, DEX Trading Volume Slips 21%

Robinhood Chain’s on-chain activity continues to cool off. Data shows that between October 2 and 8, the network’s average daily transaction volume dropped to 6.2 million, a 42% decrease from the 10.8 million transactions recorded from September 10 to 16, marking a 20% weekly decline. The average daily active addresses stood at around 322,000, down 31% from mid-September. Trading volume and network revenue have both come under pressure. Over the same period, the weekly spot DEX trading volume on

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