Published Sep 8, 2026, 8:56 AM ET · Updated 2 months ago · 1 source
L2 fees show Ethereum capture is minimal
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Original Report
The fee distribution on September 3rd, where Ethereum earned only $398 from Robinhood Chain's $4.5M in fees, challenges the 'Ultra Sound Money' thesis and suggests L2s are not parasitic but rather capture most value.