- 75% of crypto projects earn less than $1,000 monthly despite high valuations.
- Bitcoin and major altcoins drive market growth, with Bitcoin potentially reaching $123,000 by 2025.
- Small projects struggle with revenue, while top players like Ethereum generate significant fees.
A recent study suggests that 75% of crypto projects earn less than $1,000 per month. This figure is based on industry knowledge and aligns with the observation that many small projects struggle to generate sustainable revenue, despite their token prices often suggesting otherwise. Phut Crypto, analyzed a total of 4,928 crypto projects and was conducted from February 10th to February 27th.
This statistic is particularly striking when you consider the global crypto market is projected to reach $6.34 billion in 2025, growing at a compound annual growth rate (CAGR) of 13.1% from 2025 to 2030. Yet, this growth is largely driven by top players, leaving smaller projects in the dust.
High Valuations, Low Revenues: The Disconnect
The crypto market in 2025 is marked by high valuations, fueled by speculation and institutional adoption. For instance, Bitcoin is projected to hit $123,000 by year-end, per Exploding Topics, a 150% surge from early 2024, driven by spot ETFs and halving events. Ethereum, too, is expected to see strong growth, with 43% of potential buyers planning to invest, per Security.org.
However, that is not the reality of most of the projects in the market. Only 3.73% crypto projects made less than 1M in revenue, compared to 86% who manage to reach $1,000.
Comparison with the Traditional Tech Firms
When comparing the time it takes to reach $500 million in annual revenue between the top 25 traditional tech companies by market capitalization and the top 25 crypto projects with the highest revenues, we found that:
Traditional technology firms take an average of 12.2 years to reach $500 million in annual revenue. In contrast, successful crypto projects have managed to hit that milestone in under six years.
One standout example is Pump.fun, which achieved $100 million in monthly revenue within just 10 months. It is on track to become the fastest tech company to reach $500 million in annual revenue, possibly within two years.
© 2024 Cryptopress. For informational purposes only, not offered as advice of any kind.
