ARBITRUM JUMPS 25% ON ROBINHOOD CHAIN FEES AS BITCOIN HOLDS $78,000

Summary from the TLDR Crypto newsletter

Robinhood Chain's daily fees doubled to $2.13 million, sending ARB up 25% to $0.1087 as the Arbitrum DAO's 10% licensing cut translates to roughly $192,000 per day at current rates. Chain DEX volume climbed 89.5% weekly to $1.56 billion, and TVL reached $738.5 million, though memecoin speculation rather than tokenized equity trading drives the bulk of that activity. The move lifted adjacent tokens across the L2 and DeFi sector, with CRV gaining 14.1% and OP rising 13.9%, while Bitcoin held near $78,000 and total crypto market cap stood at $2.72 trillion. ARB remains 95.5% below its January 2024 peak of $2.39, placing market cap at roughly $726 million despite the week's gains.