WHO ACTUALLY MAKES THE MOST MONEY IN CRYPTO AS A BUSINESS?
Everyone is used to looking at market cap, but if you focus on real revenue, the picture changes completely:
⚪️ Solana – the main revenue engine of the industry. Priority fees, MEV, perps, NFTs, tokens, Firedancer, mobile – all together Solana generates about 35–45% of real sector revenue, while having only 5–7% of total crypto market cap.
⚪️ Ethereum (+ L2) – still a huge economic machine, but after L2 fee compression its dominance in fees isn’t what it used to be: roughly 25–35% of revenue with 15–20% of market cap.
⚪️ Bitcoin – holds 50%+ of the market cap, but brings only 2–5% of revenue. That’s logical: $BTC is monetary collateral, not a business, but it shows how misleading pure market cap comparisons can be.
⚪️ All the rest (AVAX, BNB, Tron, Cosmos, meme chains, DeFi, etc.) share just 15–25% of total revenue.
If you look at the economics, the current hierarchy by business income looks like this:
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WHO ACTUALLY MAKES THE MOST MONEY IN CRYPTO AS A BUSINESS?
Everyone is used to looking at market cap, but if you focus on real revenue, the picture changes completely:
⚪️ Solana – the main revenue engine of the industry.
Priority fees, MEV, perps, NFTs, tokens, Firedancer, mobile – all together Solana generates about 35–45% of real sector revenue, while having only 5–7% of total crypto market cap.
⚪️ Ethereum (+ L2) – still a huge economic machine, but after L2 fee compression its dominance in fees isn’t what it used to be: roughly 25–35% of revenue with 15–20% of market cap.
⚪️ Bitcoin – holds 50%+ of the market cap, but brings only 2–5% of revenue.
That’s logical: $BTC is monetary collateral, not a business, but it shows how misleading pure market cap comparisons can be.
⚪️ All the rest (AVAX, BNB, Tron, Cosmos, meme chains, DeFi, etc.) share just 15–25% of total revenue.
If you look at the economics, the current hierarchy by business income looks like this:
👉 Solana > Ethereum > The rest > Bitcoin
$BTC $ETH $SOL