VanEck Report: Blockchain Network Revenue Declined 16% Month-Over-Month in September

PANews reported on October 5th that, according to Cointelegraph, asset management firm VanEck reported a 16% month-over-month decline in network revenue across the blockchain ecosystem in September, primarily due to reduced volatility in the cryptocurrency market. Ethereum network revenue fell 6%, Solana network revenue fell 11%, and Tron network revenue fell 37%, thanks to an August governance proposal that reduced gas fees by over 50%. Declines in revenue for other networks were attributed to reduced volatility in the cryptocurrency market and its underlying tokens. In September, Ether volatility fell 40%, Solana volatility fell 16%, and Bitcoin fell 26%.

Share to:

Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

Follow PANews official accounts, navigate bull and bear markets together
Recommended Reading
13 minute ago
16 minute ago
1 hour ago
2 hour ago
3 hour ago
6 hour ago

Popular Articles

Industry News
Market Trends
Curated Readings

Curated Series

App内阅读