only 61 projects across the entire market generate over $1M in monthly revenue

Millions of crypto projects launch every year — yet only a tiny fraction actually make money.
Right now, only 61 projects across the entire market generate over $1M in monthly revenue. That’s shockingly small compared to the thousands of new tokens, L1s, L2s, DEXs, and apps appearing every month.

What’s even more interesting is where the money comes from.

Stablecoin issuers dominate, accounting for nearly 75% of total industry revenue.

In January 2025, their share was just 45%, because Telegram trading bots contributed almost 10% of all revenue.

Today, bot revenue has collapsed to 0.4%, basically confirming that the TG Mini Apps hype cycle is dead.

Meanwhile, most DeFi protocols, L2s, and NFT platforms still struggle to build sustainable revenue models. Many rely on inflationary token incentives or temporary hype, not real economic activity.

For a trillion-dollar industry, having only 61 “real businesses” is wild.
The real question now is:

When will crypto finally have 100+ protocols generating $1M+ per month — and what will spark that shift?

I am an astrologer, I can predict your future