$BTC Crypto Revenue Reality Check: Only 61 Projects Break $1M/Month — When Do We Hit 100?

Right now, just 61 crypto projects are pulling in over $1M in monthly revenue — a surprisingly tiny slice of the market considering how many new protocols launch every single day.

Stablecoin issuers remain the undisputed giants, capturing 75% of all revenue.

For comparison, back in January 2025, they held only 45%. One major reason? The once-explosive Telegram bot sector has collapsed from 10% revenue share to just 0.4%, signaling the end of the TG Mini Apps era.

This highlights a bigger issue:

Crypto desperately needs more protocols with real, sustainable economic flywheels — not hype cycles that fade in months.

So when will we see 100+ protocols consistently generating $1M+ per month?

If current growth trends hold, the shift could happen once the next wave of infrastructure, L2 ecosystems, and real-world integrated applications mature. But without stronger product–market fit across new sectors, progress could stall.

The real takeaway?

Crypto’s revenue leaders are still concentrated — and the next breakout category hasn’t arrived yet.

When it does, that’s when we’ll finally see the jump past 100.

#CryptoRevenue #Web3Economy #Stablecoins

Source: Cryptowithkhan