Dragonfly Partner: Robinhood Chain’s Fee Cuts Are No Misstep, But a Bet on Long-Term On-Chain Finance Growth

TechFlow reports on September 15 that Dragonfly partner Haseeb Qureshi stated that after Robinhood Chain increased the gas cap and lowered user fees, on-chain revenue saw a significant drop, yet decentralized exchange trading volume remains strong, trailing only Solana. He views this not as a mistake, but as a deliberate strategy by Robinhood. If bullish on the development of real-world assets and on-chain finance, scaling while maintaining low fees is the correct approach. Robinhood’s focus is not on short-term ordering fees, but rather on building an ecosystem by attracting tokenized assets on-chain and expanding the blockchain economy, expecting long-term growth in trading volume to offset the revenue decline.