Opinion: The majority of transactions on the Robinhood Chain come from degen traffic from platforms such as GMGN and OKX, rather than new crypto users acquired by Robinhood.

Robinhood Chain’s daily fee revenue has hit a new all-time high of $6 million, defying earlier market expectations that it would struggle to surpass $4.6 million in daily fees. Driven by the recent steady rise in revenue, the chain’s past seven-day annualized revenue now stands at approximately $1.1 billion. Its early activity is primarily fueled by memecoin trading and token issuance activities from platforms including GMGN and Pons.

According to Iran's SNN news agency, an Iranian oil tanker near Kharg Island was struck in a missile attack, with no casualties reported so far. Earlier, another Iranian media outlet Fars News reported that an explosion was heard near Kharg Island, though no smoke or flames were observed in the Gulf, and the exact cause of the blast remains unclear. Kharg Island is critical to Iran's oil industry, accounting for 90% of the country's crude oil exports. Former U.S. President Donald Trump previously threatened to seize the territory.

According to DUNE data, Uniswap’s official burn mechanism destroyed a total of 178,000 UNI tokens yesterday, worth over $1.11 million. Of this amount, Robinhood Chain contributed a single-day burn volume of 144,000 UNI, accounting for more than 80%—far exceeding other chains like Ethereum and Base, and fully highlighting the current booming state of the Robinhood Chain ecosystem. As previously reported by BlockBeats, on July 15, Uniswap launched a governance proposal to extend protocol fee collection and the UNI burn mechanism to Robinhood Chain, covering versions v2, v3, and v4. Per the proposal, protocol fees generated on Robinhood Chain will be deposited into the chain’s TokenJar contract; Searchers can convert these fees by bridging UNI back to the Ethereum mainnet and sending it to the burn address.

According to GMGN market data, the token "牛来" has returned to the $100 million market cap threshold, with its current market cap standing at $99.11 million, up over 16% in 24 hours, and 24-hour trading volume reaching $24.7 million.

Insight from Beating AI News: Ant Group’s Lingbao AI has launched the medical health model Ling-3.0-flash-Sante. Built on Ling-3.0-flash with enhanced medical capabilities, the model uses a Mixture of Experts (MoE) architecture, with 124 billion total parameters, only ~5.1 billion of which are activated per token. Key capabilities include medical reasoning, drug safety assessment, evidence-based retrieval, and long-process medical research. In benchmarks released by Lingbao, Sante scored 83.8 on DiagnosisArena-MCQ, outperforming GPT-5.6 Sol (81.9), Kimi K3 (78.4), and Gemini 3.6 Flash (76.2). It notched a 53.9 on MedXpertQA-Text, slightly higher than Kimi K3’s 53.5, though still below GPT-5.6 Sol’s 60.2 and Gemini 3.6 Flash’s 62.4. Notably, the model isn’t limited to excelling at medical multiple-choice questions. Lingbao also tested Sante on BrowseComp, DeepSearchQA, and HLE with tools, focusing on strengthening its ability to "retrieve information independently before answering". Separate tests for medical ethics and safety returned a score of 82.1 on MedEthicAlign and 78.6 on internal security test AFUSAFE-MedSCE. Sante is now integrated with OpenRouter and Vercel, available for free access.

According to GMGN market data, the Robinhood ecosystem meme coin SHROOM briefly surpassed a $35 million market cap, posting a 24-hour gain of over 340% and trading volume of $10.5 million in the same period. The project official stated that SHROOM is building a liquidity network for stock tokens on Robinhood Chain. SHROOM holders receive regular MU rewards, distributed by Pons and subject to its terms. SHROOM provides liquidity (LP) by pairing with other stocks and tokens, enabling routing between any paired tokens and generating fees from fluctuations in any asset. It automatically compounds fees generated from LP to deepen liquidity, thereby earning more fees over time. BlockBeats reminds users: Most meme coins lack practical use cases and are highly volatile. Please protect your assets and avoid FOMO.