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The data shows that only 12% of the Ethereum protocol and 25% of the Solana protocol have revenue.
BlockBeats News, July 23rd. According to a report by Coindesk, data from DeFiLlama shows that the Ethereum network hosts a total of 1,271 protocols. In the past 30 days, 88% (1,121 protocols) of these projects did not generate any revenue. The Solana ecosystem, with a smaller scale, has 264 protocols, and 75% of them have not generated any revenue in the past few days. Many protocols on these two chains have recently failed to capture any value.
Inactive smart contracts have added to storage burdens, security risks, and economic inefficiencies, hindering the overall user experience improvement.
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