Robinhood Chain TVL Nears $1 Billion, Raising Sustainability Concerns

While Robinhood Chain's total value locked (TVL) approaches $1 billion, researchers are questioning its long-term sustainability by comparing it to previous cycle layer-1 blockchains that lost over 99% of their value. Despite strong current metrics, including $1.55 billion in 24-hour DEX volume, concerns persist regarding the potential for similar historical declines.