Robinhood’s Blockchain Could Bring In $160M Yearly by 2028, Analysts Predict

Robinhood’s blockchain network is projected to generate as much as $160 million in annual fees by 2028, according to a new forecast from Bernstein analysts. The prediction points to rising interest in tokenized stock trading, which now makes up about 27% of the chain’s total trading volume, while memecoin trading has fallen to 36% of activity from 100% at the network’s launch in July.

Automated Trading Pools Driving Interest

Analysts credited automated market-making pools on Uniswap, which pair memecoins with stock tokens, for creating what they described as reinforcing demand across both categories. Just over two months after launch, the Robinhood chain has become the top blockchain network by daily fees, pulling in more than $2 million in the past 24 hours.

Stock Price Target Raised, But Criticism Emerges

Bernstein had previously lifted its price target on Robinhood shares, citing growth potential in prediction markets and tokenized equities. However, the tokenized stock offering has faced pushback, with AMC Entertainment’s CEO criticizing the product for offering exposure to AMC shares without any formal company affiliation, and indicating plans to seek a legal review.