POPA ReconWho's Next After Abstract?
Who's Next After Abstract? Abstract and Blast both shut down for the same reason: running the chain cost more than it earned. When Blast announced its closure, it was making about $110 a day. Seven of the eight chains below earn less than that. Together they raised ~$638M, yet their combined revenue is roughly $300 a day, about $110K a year. Berachain raised $142M and earns $31 a day. Data Network and Celestia raised $230M between them and booked $0 in the last 24 hours. Sonic leads the group at $170, which is still less than a single developer's daily salary. Low revenue doesn't mean a shu…
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