Revenue meta is all about a very narrow view.
According to this logic Tron rules crypto, lol.
Revenue is one relevant metric - among many others - to value L1 assets.
Other metrics include:
- network effects
- security
- magnitude of Defi ecosystem
- realyield
- suitability as permissionless asset for Defi
- how high is inflation / deflation
- maturity
- reliability
- resilience
- number of devs
- maturity of dev tooling
- and likely many others
That said ETH REV will rip when onchain activity picks up significantly.
Because onchain economy is built on ETH.
With ~90% of stables tokenized here (not considering Tron, which is a centralized company).
Endgame is ETH.
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