Robinhood Chain's weekly on-chain snapshot, reported by The Block and relayed by ChainCatcher, shows the network processed an average of 11.6 million transactions per day last week. That is a new all-time high and represents an increase of roughly 30% compared with the previous week. Total value locked on the chain reached $473 million, up 32% week over week. The user side, however, moved at a much slower pace. Daily active accounts rose just 3.3% week over week and stayed about 11% below the level recorded on July 16. The divergence points to existing users doing more activity rather than a wave of new users entering the network. Transaction growth and capital inflows are therefore running ahead of user growth, according to the data. The report did not disclose earlier baselines beyond the weekly comparison or additional details on what drove the jump. In short, the latest week offered a mixed but telling picture: the chain hit fresh activity highs, yet the underlying account base has not caught up.
Robinhood Chain saw average daily transaction volume climb to 11.6 million last week, a record high and roughly a 30% gain from the prior week, according to The Block.
Total value locked on the network rose to $473 million, up 32% week over week. Daily active accounts, however, increased only 3.3% on the same basis and stayed about 11% below the July 16 peak.
The gap between surging activity and slower user growth suggests the latest expansion is coming mainly from existing users rather than new participants, the data indicates.
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