Blockchain Network Sees 2.8M Daily Users and $100M Fee Revenue

Despite weaker market conditions, the network recorded strong user activity and major integrations with Revolut, Kalshi, Base via LayerZero, and Ledger Live.

SOL

Summary

A major blockchain network reported 2.8 million daily active users, ranking second only to Solana among large chains. It generated $100 million in transaction fees despite challenging market conditions. Notable partnerships included integrations with Revolut, which serves over 65 million users, prediction market platform Kalshi, Base blockchain via LayerZero (cross-chain messaging protocol), and Ledger Live (crypto wallet interface).

Terms & Concepts
  • LayerZero: A cross-chain messaging protocol enabling interoperability between different blockchain networks.
  • Ledger Live: An application for managing cryptocurrencies using Ledger hardware wallets.
  • Kalshi: A regulated prediction market platform allowing users to trade on event outcomes.