According to @MilkRoadDaily, application revenue is currently the most influential metric driving the cryptocurrency markets. Traders focusing on app revenue data—especially from leading DeFi and Layer 1 blockchain projects—can identify tokens with real user adoption and robust fee generation, which historically correlates with price outperformance (source: @MilkRoadDaily, June 10, 2025). Monitoring app revenue trends across platforms like Ethereum, Solana, and Base provides actionable signals for both short-term trades and long-term investments. Ignoring this metric risks missing out on top-performing altcoins, as revenue growth directly reflects on-chain activity and growing demand for protocol tokens.

According to @cryptoquant_com, recent Ethereum upgrade proposals are expected to directly improve network efficiency and increase transaction fees, which translates into higher protocol revenue. This higher revenue will result in more ETH being burned due to EIP-1559’s fee mechanism, reducing supply pressure and potentially supporting bullish price momentum. Traders should monitor upcoming implementation dates and revenue metrics for signals, as on-chain data from Glassnode confirms a correlation between increased burn rates and upward ETH price trends (source: Glassnode, CryptoQuant).