1kx Expects Blockchain Industry Revenue to Reach $100 Billion by 2026, Q3 Returns Value of 283 Protocols

Investment firm 1kx has released its annual blockchain revenue report, projecting that the total revenue of the blockchain industry will reach $100 billion by 2026, a year-on-year decrease of approximately 28%. The report indicates that institutional and real economy-related businesses currently contribute about 30% of the blockchain industry's revenue. In the third quarter of 2026, revenue from real economy-related businesses is expected to surpass that of blockchain infrastructure for the first time. The share of publicly listed companies in the total revenue of the blockchain industry has increased from 7% in 2022 to 16%. A record 283 protocols returned value to token holders through mechanisms such as token buybacks, burns, or fee sharing in the third quarter.

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