Despite the downturn in the cryptocurrency market, some altcoin protocols remain strong. Here’s a list.
Data from the last 30 days in the cryptocurrency market has revealed that the highest-yielding projects are largely stablecoin issuers and blockchains with high transaction volumes.
According to the data, business models based on interest income and transaction fees continue to generate strong cash flow despite market fluctuations.
Tether topped the list with interest income from its stablecoin reserves, followed by Circle and Tron. However, the monthly decline in revenue for many projects indicates that tightening market conditions are also reflected in protocol revenues.
Here are the top-performing altcoins in the last 30 days, their revenue amounts, and the change in revenue compared to the previous month:
The data shows that stablecoin projects like Tether, Circle, and Ethereum are more resilient to market conditions thanks to their interest-based business models. On the other hand, high-volume networks and exchanges like Tron, Hyperliquid, and PancakeSwap continue to generate significant revenue based on user activity.
