Dragonfly partner says Robinhood is prioritizing low fees and on-chain scale over short-term revenue

Dragonfly partner Haseeb Qureshi said in a post on X that Robinhood Chain’s recent changes appear to be a deliberate strategy rather than a mistake. According to him, after Robinhood raised the chain’s gas limit and lowered user fees, on-chain revenue fell noticeably. Even so, decentralized exchange trading volume remained strong and currently ranks behind only Solana. Qureshi argued that Robinhood is not trying to maximize short-term sequencing revenue. Instead, he said the company appears focused on expanding on-chain capacity, bringing more tokenized assets onto the chain, and increasing the overall scale of economic activity taking place on blockchain rails. In his view, that goal requires a larger network capacity paired with consistently low transaction costs. The remarks frame Robinhood’s latest chain-level adjustments as a capacity and growth play, with fee compression accepted as part of a broader push to grow its on-chain ecosystem.