Crypto Economic Shift: Application-Layer Revenue Outpaces Blockchain Fees for First Time
October 31, 2026
According to a 1kx annual report, application-layer revenues from tokenized assets, payments, and prediction markets surpassed base blockchain fees for the first time, signaling a major structural shift.
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Robinhood Chain Revenue Falls 83% as Gas Fees Droop Despite Record Trading Volume
September 12, 2026
Despite an 83% drop in daily revenue due to plummeting transaction gas fees, Robinhood Chain recorded steady transaction counts and a 27% surge in decentralized exchange trading volume.
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Coinbase Base Layer 2 Sequencer Revenue Falls 11% Despite Unprecedented Usage and Stablecoin Volume
August 21, 2026
Coinbase reported an 11% drop in Q2 revenue from its Base network despite record stablecoin volume, highlighting how post-Dencun fee reductions impact Layer 2 profitability.
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