Robinhood Chain generated $4.5M in fees while Ethereum got just $400
- —Robinhood Chain collected $4.5 million in daily fees on September 3
- —Ethereum received only $400 for data and proofs
- —Most L2 fees stay within its own ecosystem
- —The analysis was conducted by Digital Asset
Why it matters: Growth of L2 networks does not bring Ethereum commensurate revenue, calling into question its economic model and ETH holder income.
Source: Coinfomania