Dragonfly Partner Bullish on Robinhood Ecosystem: Low Gas Fees Help Expand Onchain Economic Scale

Odaily reports that Dragonfly partner Haseeb Qureshi posted on X that after Robinhood raised the Gas Limit on Robinhood Chain and lowered user fees, onchain revenue dropped noticeably, but DEX trading volume has remained strong and is now second only to Solana.

Haseeb believes this adjustment is not a mistake, but a deliberate strategy by Robinhood. Rather than optimizing for short-term sequencing revenue, Robinhood places greater emphasis on expanding onchain capacity, bringing more tokenized assets onchain, and increasing the scale of economic activity on the blockchain. To achieve this, it must expand network capacity while keeping transaction fees low.