By the numbers: Tether’s USDT and Circle’s USDC stablecoins have produced $93 million and $28 million in revenue, respectively, in the last seven days, according to DefiLlama data, while the Ethereum, Tron and Solana networks saw $19 million, $11 million and $9.6 million. Solana-based protocols and trading bots, meanwhile, are right behind. Trading bot platform Photon and memecoin powerhouse pump.fun have both generated over $6 million in the last seven days, exceeding Ethereum-based decentralized finance, or DeFi, heavyweights such as Maker, Lido or Aave in terms of revenue.
The Most Profitable Crypto Narratives of 2024: What to Watch in 2025 | by Gaze All Over | The Capital | Jan, 2025
CryptocurrencyFrom Record Gains to Missed Opportunities — What’s Next for Crypto?The crypto market thrives on narratives, and 2024 made that...