Tokenized Assets, Payments and Prediction Markets Out-Earned Blockchains for the First Time

1kx's annual revenue report puts industry revenue on track for about style="font-size:1rem;color:var(--t1);line-height:1.75;margin-bottom:20px;font-weight:300;padding:14px 18px;border-left:2px solid var(--blue);background:rgba(33,136,255,.06);border-radius:0 8px 8px 0"00 billion in 2026, down about 30% from last year. Transaction fees paid to chains are now under 3% of what the industry earns.