Crypto Protocols Generate $1.2 Billion in Revenue Surge

Top ten cryptocurrency protocols raked in a staggering $1.2 billion in revenue during August 2025, according to a recent report. The growth was fueled by key players such as Ethena and Pump.fun, demonstrating a remarkable 9.3% monthly increase. This surge can be attributed to the increasing popularity of stablecoins and synthetic dollars, which are driving market dynamics and attracting institutional investors.