Robinhood Chain Gas Fees Surge 82-Fold, Surpassing Major Networks

Gas fees on Robinhood Chain spiked 82 times over 11 days, reaching $4.45 million in daily transaction costs on September 2. This figure exceeds the combined fees of Ethereum, Solana, and Tron, driven by a 23-fold increase in the base fee from its 0.02 gwei floor. Robinhood will continue to subsidize these costs within its wallet app until September 29.