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| “Opportunities multiply as they are seized.” - Sun Tzu |
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| Howdy, investors!
- Fees are a critical measure of the health of any crypto project looking to generate profits. Today we report on the top crypto projects by fees to highlight some of the best investment opportunities.
- The Graph's early entry into the blockchain data space has given it a significant first-mover advantage, but does that make the GRT token a good investment? Find out how it works and our complete analysis below.
- While USDT and USDC have been neck and neck in popularity, USDT has recently ripped ahead. In our updated Guide to Top Stablecoins, you'll learn why Tether has completely untethered from USDC.
Read on! |
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| This Week in Bitcoin Market Journal Our latest crypto investing insights and ideas. |
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| Analyzing the Top Crypto Companies by Fees
Just as a traditional company generates income by charging customers for its products or services, crypto companies collect fees from users who transact on the network. Essentially, fees are how crypto companies make money.
Think of it like a toll road. Drivers pay a fee to use the road, which is then collected by the company or authority that maintains the infrastructure. The more popular and essential the road, the higher the fee revenue.
Similarly, a blockchain network that processes many transactions—especially if users are willing to pay higher fees for faster service—will generate substantial fees, which can indicate a great long-term investment.
For crypto investors, fees are a great barometer of a company’s success. Because they are like revenue of a traditional company, they are one of our most important metrics for identifying promising crypto investments.
In this guide, we’ve rounded up the top crypto companies earning the most fees. Find out the top crypto companies by fees >> |
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| Top Stablecoins for Investors 2024
What a difference a year makes. In the past, Tether (USDT) and US Dollar Coin (USDC) have been neck and neck in terms of stablecoin popularity.
Tether has completely untethered from USDC.
In our latest update, you'll see the remarkable rise of USDT vs. USDC, due to Tether's increasing popularity in Asia, and on the Tron blockchain. This shift has also been driven by USDT's lower transaction costs, and its growing use as a dollar substitute in regions with limited access to USD.
Meanwhile, USDC's focus on regulatory compliance and transparency has made it more appealing to institutions, but less competitive in markets that prioritize speed and low fees.
Check out our full analysis to understand why Tether is pulling ahead, and what this means for the future of stablecoin adoption.
Learn about the top stablecoins for investors here >> |
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| Should You Invest in The Graph (GRT)? Charts, Stats, Analysis for 2024
In 2017, three software developers—Yaniv Tal, Jannis Pohlmann, and Brandon Ramirez—found themselves united by a common frustration: accessing data from blockchain networks was incredibly challenging.
They recognized the potential of blockchain technology but found it difficult to extract meaningful information from it. This shared experience sparked the idea for a groundbreaking project called “The Graph.”
They envisioned building a bridge between the vast world of blockchain data and the developers who needed it to create applications. They wanted to simplify the process of querying blockchain data, making it more accessible and efficient.
Initially focused on Ethereum, The Graph quickly gained traction and expanded to other blockchains like Polygon, Avalanche, and Binance Smart Chain. Each new integration brought them closer to a unified platform to pull any data from any blockchain.
A pivotal moment arrived in December 2020, when The Graph launched its mainnet. This launch drew considerable attention from the crypto community, attracting over $69 million in funding through various rounds. Beyond the money, though...
Is The Graph (GRT) still a good investment? Click for our analysis >> |
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| Premium Power-Ups Level up your crypto investing game. |
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Blockchain Believers Portfolio: Q3 2024 Update |
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| We launched our premiere crypto portfolio in 2018. This easy-to-follow investing strategy has consistently allowed "believers" (who add just a small percentage of crypto to their portfolios) to outperform traditional investors.
In our latest results, our crypto investing strategy is beating traditional investors by an incredible 44%. In this updated brief, we'll explain the drivers behind this performance.
Premium Members can download the Q3 2024 report here, with tips on how to get started investing in this portfolio today.
Not yet a Premium member? Sign up here and get in on the action - get access to our ongoing portfolio updates, investor scorecards, VIP events, and more! |
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| Must-Reads This week's most important stories for crypto investors. |
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| (Blockworks) - More companies are using dollar-cost averaging strategies (as we recommend), signaling growing corporate interest in bitcoin. Not surprisingly, MicroStrategy leads the pack. (See our guide to investing in $MSTR here.) |
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| (The Defiant) - Base, Coinbase's layer-2 network, has reached all-time highs in weekly active wallets (6.7 million) and transactions (31.9 million), surpassing Polygon. Remember, you can't buy BASE tokens, but you can invest in $COIN stock (see our guide). |
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| (Coin Metrics) - Bitcoin remained stable and outperformed other assets, while Ethereum's ETF launch underperformed. Aave and SUI excelled, and DeFi protocols, such as Maker’s rebrand, influenced market trends. Many data-driven insights in this great Q3 report. |
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| (Unchained Crypto) - EigenLayer unlocked its native token EIGEN, which debuted at $4.32 with a $7.2 billion valuation. While there's been a lot of buzz around EIGEN, remember that restaking is risky: see our guide to EigenLayer here. |
| (Bankless) - Ethereum's "rollup-centric" scaling approach helps create faster, cheaper transactions. Based rollups, a new type, integrate more closely with Ethereum’s infrastructure. Key projects are Taiko and KeySpace: here's your guide. |
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Chart of the Week Layer-1 Daily Active Users |
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| Layer-1 (L1) blockchains provide basic infrastructure and security for the crypto ecosystem, enabling the building of secondary blockchains and applications.
While bitcoin (BTC) and Ethereum (ETH) are often mentioned as the biggest L1 blockchains, that is when measured by market cap. Measuring L1 blockchains by actual users tells a different story.
Currently, Solana (SOL)and Tron (TRX) have the most Daily Active Users. Ronin (RON), TON (TON), and BNB Chain (BNB) all outpace Ethereum, too. All five are smart contract L1s and can be considered direct competitors of Ethereum.
If you believe in the future of smart contract chains (we think of them like the operating systems of crypto), consider looking beyond Ethereum. Yes, it is considered the biggest by market cap, but there are exciting alternatives. |
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