Another metric to look at is total revenue generated from the blockchain.

All Cryptocurrencies

by COINS NEWS 26 Views

Another metric to look at is total revenue generated from the blockchain.

Evaluating the fundamentals of a blockchain is really difficult because there are still no standard methods to evaluate it. I think there are many metrics you can look at such as, team support, tokenomics, community, market cap, sentiment, even how early it was etc.. however one metric that I hardly hear about is how much revenue the blockchain actually generates.

I think this is important and something institutional investors will look at because the revenue can either go to support more research and development, employee compensation ( important to attract and keep talents), staking rewards etc. Not to mention more money from revenue is less the foundations have to mint.

Thus here I took a look at the total revenue generated in the last 180 days.

Blockchain Million Thousands
Ethereum 1600 1600000
BSC 182.9 182900
Bitcoin 70.7 70700
Avalanche 43.6 43600
Filecoin 21.6 21600
Helium 16.8 16800
Solana 11.2 11200
Polygon 9.9 9900
Arbitrum 9.7 9700
Optimism 8.3 8300
Fantom 6.4 6400
NEAR Protocol 1.4 1400
Elrond 0.6225 622.5
Cosmos 0.3607 360.7
Polkadot 0.3329 332.9
Algorand 0.123 123

Also this does not include dapps so keep this in mind.

https://preview.redd.it/hwxcbg2br8q91.png?831&format=png&auto=webp&s=e9be749a47f4470e71e87baa28bc67f251dca7c2

source: https://tokenterminal.com/terminal

submitted by /u/greenappletree
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