An altcoin project shut down last night. So, which altcoins have the strongest returns?
The cryptocurrency market’s top-earning projects of the last 30 days have been announced. According to the data, stablecoin issuer Tether (USDT) took the top spot with $437.3 million in revenue.
It was followed by Tron (TRX) and Circle, while decentralized exchange platforms and Layer-1/Layer-2 networks also held a strong presence on the list.
While the majority of Tether’s revenue comes from returns on its reserve assets, transaction fees on the Tron network also push the project into second place. Base and Ethereum were the leading projects in terms of revenue growth rates.
Here are the 15 cryptocurrency projects that generated the most revenue in the last 30 days and their total monthly revenue:
Stablecoin projects maintain their clear lead, generating over $650 million in total revenue. Tether and Circle, in particular, have surpassed the combined revenue of decentralized exchanges and Layer-2 solutions.
