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Haseeb Qureshi >|<
@hosseeb
Managing partner @DragonflyVC. Let's think step by step.
Joined December 2010
1.2K Following    149.1K Followers
After Robinhood raised the gas limit and lowered fees for users on Robinhood Chain, chain revenues have declined significantly (green), while DEX volumes have remained strong (purple). It's solidly #2# behind Solana. Lots of folks pointing at this like it's a mistake. But it's clearly intentional. And if you actually believe in the growth of RWAs and on-chain finance, this is 100% the right answer. Robinhood is thinking a lot bigger than optimizing for short-term sequencing fees. Owning the ecosystem and bringing tokenized assets on-chain and increasing the GDP of the blockchain is the much bigger long-term bet, and that will only happen if capacity scales and fees stay low. They will make it up on volume. Bullish.
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