Bernstein report highlights Robinhood Chain's rapid growth and high fee revenue

Robinhood Chain has emerged as a high-margin growth engine, ranking first in fee revenue over the past 15 days with $33 million generated. The network has surpassed $50 billion in cumulative DEX trading volume and $150 million in tokenized asset value. Bernstein maintains an outperform rating on Robinhood (HOOD) with a target price of $160, citing the chain's success in tokenized stocks and meme coin trading as key drivers.