Transaction Fees in an Altcoin Have Dropped to Nearly Zero, Transaction Volume Has Skyrocketed – But Revenues Are Falling

According to data shared by the cryptocurrency data platform Token Terminal, the number of transactions on the Aptos (APT) network has shown a remarkable increase in the last three months.

According to the platform’s analysis, one of the most important factors behind this growth is the network’s extremely low transaction fees. The Aptos network currently processes over 10 million transactions daily, with an average transaction cost of approximately $0.00007.

Analysis of the data reveals that while the number of daily transactions on the Aptos network has increased since November, transaction fees have shown a downward trend.

However, data shows that the Aptos network is not generating strong transaction fee revenue due to these low transaction fees. Aptos generates approximately $20,000 in daily revenue and ranks 139th among the highest-grossing networks. Over the last 30 days, the network’s average transaction fee revenue has decreased by 23%.

Token Terminal argues that an “on-chain migration” is taking place, with financial assets increasingly moving to blockchain infrastructures. According to the platform, tokenized assets are becoming increasingly preferred because they offer lower costs, faster transactions, and easier operational processes compared to traditional financial systems. Therefore, it is anticipated that the migration of many financial products to blockchain networks will accelerate in the coming period.

On the other hand, the number of holders of tokenized assets in the Ethereum ecosystem is also showing strong growth. According to the data, the number of stablecoin holders on Ethereum has reached 21.4 million, tokenized fund holders 31.3 thousand, tokenized commodity holders 116.8 thousand, and tokenized stock holders 21 thousand. Token Terminal states that the number of holders in all of these categories has reached an all-time high.

*This is not investment advice.

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