Robinhood Chain Fee Dispute Expands to Solana and BNB Chain
Solana (SOL)
Editor:
Eugene Serbin
bitcoinethereumnews.com reports that a debate over Robinhood Chain’s network economics has widened into a broader discussion on blockchain funding. Solana co-founder Anatoly Yakovenko noted on Sept. 4 that Robinhood’s 10% revenue share with Arbitrum could have covered Solana transaction fees four times over. Offchain Labs co-founder Steven Goldfeder countered that Robinhood retains 90% of gas fees on Arbitrum but would retain 0% on Solana.
He stated, “Robinhood chose Arbitrum so they could be a landlord and not a tenant.” BNB Chain Executive Director of Growth Nina Rong argued that sustainable business models should now take priority over immediate transaction costs. Robinhood launched its dedicated Ethereum layer-2 network on July 1 using the Arbitrum Platform. The network generated $2.66 million in 24-hour revenue as of Aug. 31, outpacing Ethereum and Hyperliquid L1. Tokenized equity trading reached nearly $3 billion in weekly volume during August, with Robinhood Chain, BNB Chain, and Solana handling significant portions.
How the market reacted
Whalio's own Binance spot order flow for SOL, measured when this story was written up on 7 September 2026. Not the outlet's figures.
Solana (SOL) is trading at $106.55 with a 24-hour buy ratio of 53.2%, indicating that buyers are currently in control of the market. This buying pressure is stronger than the 46.4% seen in the last hour, suggesting that short-term selling has subsided in favor of sustained accumulation. The 24-hour volume delta is positive at +$18,107,545, meaning more capital has flowed into spot buys than sells over the day. In contrast, the 1-hour volume delta is negative at -$736,615, showing a brief period of net outflow that has since been reversed by larger institutional or whale activity. The cumulative volume delta (CVD) for the day closed at +$15,758,409, confirming that net buying has dominated the session.
The latest daily buy ratio of 48.8% sits at the 27th percentile of the last 322 days, against a median of 50.0% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for SOL, averaged over the days leading up to the story.
Over the preceding week, SOL experienced a 7-day average buy ratio of 50.2%, making today’s 53.2% reading a slightly more bullish day than usual. The 24-hour spot volume of $285,113,477 represents 1.27x the weekly average, indicating heightened interest compared to the previous six days. This volume surge coincides with a positive 8-day volume delta of +$25,664,787, showing that net buying has been the dominant trend for the week. With four out of seven days showing net buying, the current price action aligns with the broader weekly momentum rather than deviating from it. The 8-day price change of +4.7% further underscores that the coin is in an uptrend, with today’s activity reinforcing that trajectory.