Robinhood's own blockchain sees trading drop over 40%

Robinhood launched its own blockchain network (called Robinhood Chain) to let people trade things like tokenized stocks. Recently, activity on it has slowed a lot — both the fees people pay and the number of trades happening have fallen sharply, over 40%.

This is about one company's specific blockchain project losing steam, not about crypto prices or the broader market, so it mostly matters if you're actually using Robinhood Chain for something.

No action needed — this doesn't affect crypto held elsewhere or on other networks. If you do use Robinhood Chain, it's worth keeping an eye on, but there's no security risk here, just slowing interest.