Robinhood Crypto tops 1M active addresses, logs 68.7M transactions and reaches $2.4B DEX volume on its Ethereum L2 network.
Robinhood Crypto has crossed 1 million active addresses, according to Everstake. The milestone comes shortly after the network’s launch and signals fast early user growth.
The network has also processed 68.7 million transactions, based on the same update. Decentralized exchange volume has reached $2.4 billion across the ecosystem.
Everstake said the figures show users are not only creating wallets. They are also interacting with applications and trading tools across the network.
Weiss Crypto also noted strong early activity on Robinhood Chain. It said the network attracted over 1 million addresses and processed more than 38 million transactions within days.
Active Addresses Cross 1 Million
Everstake reported that Robinhood Crypto has officially crossed 1 million active addresses.
Active addresses are wallets that interact with the network during a given period. This metric is often used to track real user activity.
The figure shows that Robinhood Chain has gained fast early traction.
New networks often attract wallet creation after launch. However, active addresses can give a clearer view of continued use.
Robinhood Chain has given an impressive performance in the two weeks since its launch.
It attracted over 1 million addresses and became one of crypto’s busiest new networks.
Within days, its blockchain had processed more than 38 million transactions. https://t.co/5eFvPRCYBH
— Weiss Crypto (@WeissCrypto) July 16, 2026
Weiss Crypto also described Robinhood Chain as one of crypto’s busiest new networks.
Its update said the chain passed 1 million addresses within two weeks. This places the network among the more closely watched Ethereum Layer 2 launches.
Transactions and DEX Volume Rise
Everstake said Robinhood Crypto has processed 68.7 million transactions.
Transactions include transfers, swaps, app activity, and other on-chain actions. This shows that network use has extended beyond simple wallet creation.
‼️@RobinhoodCrypto has officially crossed 1 million active addresses.
The milestone is finally here.
Also, the network processed 68.7 million transactions, while DEX volume reached $2.4 billion, highlighting that users are not simply creating wallets, they’re actively… pic.twitter.com/tnKfrO3jJH
— Everstake (@everstake_pool) July 16, 2026
DEX volume has also reached $2.4 billion, according to the update. DEX volume measures trading on decentralized exchanges.
Higher DEX activity can point to stronger liquidity and user demand.
Weiss Crypto said the network processed more than 38 million transactions within days of launch.
The later 68.7 million figure shows continued activity after the early period. Market watchers may now track whether this pace holds over time.
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Ethereum Layer 2 Growth Remains in Focus
Everstake described Robinhood Chain as an emerging Ethereum Layer 2 network.
A Layer 2 is built to process activity more efficiently while connecting to Ethereum. These networks can improve access and reduce pressure on the base chain.
The update said sustained user engagement is important for network development. Metrics like active addresses and transaction volume can support ecosystem growth.
They also help show whether applications are attracting repeat use. Robinhood Chain’s growth may add to the wider Ethereum scaling story.
More users, apps, and liquidity on Layer 2 networks can expand Ethereum’s reach.
The next focus is whether Robinhood Crypto maintains address growth, transaction activity, and DEX volume.
The post Robinhood Crypto Tops 1M Active Addresses With 68.7M Transactions Logged Now appeared first on Live Bitcoin News.
