Robinhood Chain has recorded less than 1% of its analyzed transactions through a contract clearly linked to Robinhood Wallet users, according to ARK Invest research director Lorenzo Valente. According to Lorenzo Valente’s analysis, contract-level data indicates that most trading on…
Robinhood Chain activity is mostly ‘degen flow,’ ARK researcher says
Robinhood Chain has recorded less than 1% of its analyzed transactions through a contract clearly linked to Robinhood Wallet users, according to ARK Invest research director Lorenzo Valente. According to Lorenzo Valente’s analysis, contract-level data indicates that most trading on…
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