The 2025 crypto revenue leaderboard provides an important perspective on the current state of the industry.
$SOL currently leads all networks with approximately $1.3 billion in revenue, followed by Hyperliquid at roughly $816 million. These figures highlight a shift in how market dominance is measured, as consistent fee generation from active usage begins to outweigh traditional metrics like Total Value Locked (TVL).
This trend suggests that sustainable growth is increasingly driven by real-time trading activity and high-frequency execution. Rather than relying on market narratives, these platforms are capturing value through high-throughput utility and established product-market fit.
SOL
134.6
+2.52%