The post Crypto Network Revenue Declined by 16% in September — VanEck appeared on BitcoinEthereumNews.com. Network revenues across the blockchain ecosystem declined by 16% month-over-month in September, mainly due to reduced volatility in the crypto markets, according to asset manager VanEck. Ethereum network revenue fell by 6%, Solana’s fell by 11%, and the Tron network recorded a 37% reduction in fees, due to a governance proposal that reduced gas fees by over 50% in August, according to VanEck’s report. The revenue drop in the other networks was attributed to reduced volatility in the crypto markets and the underlying tokens powering those networks. Ether (ETH) volatility dropped by 40%, SOL (SOL) volatility fell by 16%, and Bitcoin (BTC) fell by 26% in September.  Most cryptocurrencies experienced reduced volatility in September. Source: VanEck “With reduced volatility for digital assets, there are fewer arbitrage opportunities to compel traders to pay high priority fees,” the writers of the report explained. Network revenues and fees are a critical metric for economic activity in crypto ecosystems. Market analysts, traders, and investors monitor network fundamentals to gauge the overall health of a particular ecosystem, individual projects, and the broader crypto sector. Related: Ethereum revenue dropped 44% in August amid ETH all-time high Tron network continues to dominate revenue metrics The Tron network is ranked as the number one crypto ecosystem for revenue, generating $3.6 billion in the last year, according to data from Token Terminal. Ethereum, by comparison, only generated $1 billion in revenue over the last year, despite ETH hitting all-time highs in August, and a market capitalization of about $539 billion — over 16x the TRX (TRX) market capitalization, which is just north of $32 billion. A comparison of crypto network fees over the last year. Source: Token Terminal Tron’s revenue is attributed to its role in stablecoin settlements. 51% of all circulating Tether USDt (USDT) supply has been issued… The post Crypto Network Revenue Declined by 16% in September — VanEck appeared on BitcoinEthereumNews.com. Network revenues across the blockchain ecosystem declined by 16% month-over-month in September, mainly due to reduced volatility in the crypto markets, according to asset manager VanEck. Ethereum network revenue fell by 6%, Solana’s fell by 11%, and the Tron network recorded a 37% reduction in fees, due to a governance proposal that reduced gas fees by over 50% in August, according to VanEck’s report. The revenue drop in the other networks was attributed to reduced volatility in the crypto markets and the underlying tokens powering those networks. Ether (ETH) volatility dropped by 40%, SOL (SOL) volatility fell by 16%, and Bitcoin (BTC) fell by 26% in September.  Most cryptocurrencies experienced reduced volatility in September. Source: VanEck “With reduced volatility for digital assets, there are fewer arbitrage opportunities to compel traders to pay high priority fees,” the writers of the report explained. Network revenues and fees are a critical metric for economic activity in crypto ecosystems. Market analysts, traders, and investors monitor network fundamentals to gauge the overall health of a particular ecosystem, individual projects, and the broader crypto sector. Related: Ethereum revenue dropped 44% in August amid ETH all-time high Tron network continues to dominate revenue metrics The Tron network is ranked as the number one crypto ecosystem for revenue, generating $3.6 billion in the last year, according to data from Token Terminal. Ethereum, by comparison, only generated $1 billion in revenue over the last year, despite ETH hitting all-time highs in August, and a market capitalization of about $539 billion — over 16x the TRX (TRX) market capitalization, which is just north of $32 billion. A comparison of crypto network fees over the last year. Source: Token Terminal Tron’s revenue is attributed to its role in stablecoin settlements. 51% of all circulating Tether USDt (USDT) supply has been issued…