Tokenized Assets, Payments and Prediction Markets Out-Earned Blockchains for the First Time
AI summary
1kx's annual revenue report says crypto industry revenue is on track for about $100 billion in 2026, roughly 30% below last year. Transaction fees paid to blockchains now make up under 3% of total industry earnings, with tokenized assets, payments and prediction markets out-earning chains for the first time. Traders should note the shift in where value accrues, away from base-layer fee capture toward application and tokenization revenue.
