🚨 ᴄʀʏᴘᴛᴏ ʀᴇᴠᴇɴᴜᴇꜱ ʜɪᴛ ᴍᴜʟᴛɪ-ᴍᴏɴᴛʜ ʟᴏᴡꜱ 📉
Crypto activity saw its sharpest slowdown in months, with network revenues dropping to $200M in November and BSC experiencing the steepest reversal after October's spike. App revenues followed suit, as PancakeSwap's earnings fell to a fraction of last month's levels.
Historically, similar 70%+ revenue pullbacks have preceded strong recoveries, with 2021 declines leading to 2-3x gains in major chains like Ethereum and Solana within six months.
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