The post Top Public Blockchains Dominate Onchain Revenue with Tron Leading appeared on BitcoinEthereumNews.com. Key Points: Only 11 public blockchains generated over $100,000 in revenue last week, led by Tron and Ethereum. The top six chains account for over 95% of user spending. Tron sees substantial growth in user activity following fee reductions. Crypto KOL AB Kuai.Dong reported on November 28, citing Nansen data, that only 11 public blockchains generated over $100,000 in revenue, led by Tron and Ethereum. This highlights the concentrated nature of user spending, with over 95% dominated by the top six blockchains, affecting overall market dynamics. Tron’s Fee Cuts Drive User Growth Amidst Market Concentration Nansen, a blockchain intelligence platform, reported that in the past seven days, only 11 blockchains have surpassed $100,000 in revenue. Tron, Ethereum, Solana, along with BNB, Bitcoin, and Base, collectively make up more than 95% of this activity. Many other blockchains barely reached significant revenue levels. Tron’s recent fee reduction to 60% increased its transaction volumes and user interaction significantly, boosting its standing amongst its peers. The overall impact underlines the concentration of onchain user spending among the leading blockchains. As noted by Nansen, “the top six blockchains by revenue are Tron, Ethereum, Solana, BNB Chain, Bitcoin, and Base, collectively dominating 95% of on-chain user spending.” Market responses show increased developer and community engagement on these blockchains. AB Kuai.Dong’s emphasis on Nansen data has drawn attention to the disparity in revenue generation across blockchains. No immediate regulatory comments were noted. Market Data Overview Did you know? The dominance of Ethereum and Bitcoin in blockchain revenue resonates with historical trends, maintaining their positions as leading platforms for user and financial activity. TRON (TRX), valued at $0.28, boasts a market cap of $26.53 billion, making up 0.85% of the market as reported by CoinMarketCap. Its 24-hour trading volume has decreased by 10.61%, and it recently experienced a… The post Top Public Blockchains Dominate Onchain Revenue with Tron Leading appeared on BitcoinEthereumNews.com. Key Points: Only 11 public blockchains generated over $100,000 in revenue last week, led by Tron and Ethereum. The top six chains account for over 95% of user spending. Tron sees substantial growth in user activity following fee reductions. Crypto KOL AB Kuai.Dong reported on November 28, citing Nansen data, that only 11 public blockchains generated over $100,000 in revenue, led by Tron and Ethereum. This highlights the concentrated nature of user spending, with over 95% dominated by the top six blockchains, affecting overall market dynamics. Tron’s Fee Cuts Drive User Growth Amidst Market Concentration Nansen, a blockchain intelligence platform, reported that in the past seven days, only 11 blockchains have surpassed $100,000 in revenue. Tron, Ethereum, Solana, along with BNB, Bitcoin, and Base, collectively make up more than 95% of this activity. Many other blockchains barely reached significant revenue levels. Tron’s recent fee reduction to 60% increased its transaction volumes and user interaction significantly, boosting its standing amongst its peers. The overall impact underlines the concentration of onchain user spending among the leading blockchains. As noted by Nansen, “the top six blockchains by revenue are Tron, Ethereum, Solana, BNB Chain, Bitcoin, and Base, collectively dominating 95% of on-chain user spending.” Market responses show increased developer and community engagement on these blockchains. AB Kuai.Dong’s emphasis on Nansen data has drawn attention to the disparity in revenue generation across blockchains. No immediate regulatory comments were noted. Market Data Overview Did you know? The dominance of Ethereum and Bitcoin in blockchain revenue resonates with historical trends, maintaining their positions as leading platforms for user and financial activity. TRON (TRX), valued at $0.28, boasts a market cap of $26.53 billion, making up 0.85% of the market as reported by CoinMarketCap. Its 24-hour trading volume has decreased by 10.61%, and it recently experienced a…

                                                                               Robinhood acquired an Indonesian brokerage and digital asset trading firm to access a market with 17 million crypto investors.                     Crypto and stock trading platform Robinhood is set to tap into Indonesia’s burgeoning cryptocurrency trading market after an agreement to acquire two local fintech companies.In an announcement on Sunday, Robinhood said it has entered into agreements to acquire Buana Capital, an Indonesian brokerage, and PT Pedagang Aset Kripto, a licensed Indonesian digital financial asset trader, “marking our entry into one of Southeast Asia’s fastest-growing markets.”It said that Indonesia has more than 19 million capital market investors and 17 million crypto investors, making it a “compelling market for equities and crypto trading.”Read more