Top Projects by Fee Gains, Insider Transactions, Earnings, and TVL Gains

This week has unfolded several intriguing projects in the cryptoverse, revealing pivotal insights into different metrics such as Fee Gains, Insider Transactions, Earnings, and TVL Gains. Data insights provided by Token Terminal have highlighted projects demonstrating substantial progress and are worth noting.

Starting with Weekly Fee Gains, Lens Protocol has experienced a significant surge with a 5000% increase, accumulating $72k, followed by Helium with a 669% increase, earning $155k. Furthermore, ourZORA has a 512% increase with $55k, and Filecoin has a 363% increase, gathering $190k, while Graph Protocol has marked a 289% increase with $15k. It's noteworthy that three out of these five are infra protocols with significant real-world use cases.

Moving forward, an interesting perspective arises in Insider Transactions. In this context, an insider is identified as a top 100 token holder. Token Terminal has made strides in tracking the most recent insider buys, highlighting tokens such as $BIT, $DYDX, $LINK, and $MKR experiencing the greatest value of insider buying. Notably, $MKR, $LINK, and $DYDX have emerged as recent favorites among smart money.

Reflecting on the Highest Earning Protocols of the last year, where Earnings are calculated as Revenue minus Costs, Ethereum stands tall with $650m, followed by Tron with $220m. Other notable mentions include OpenSea with $58m, ENS Domains with $23m, and GMX.IO with $21m. It's intriguing to observe that Friend Tech has also made its mark in the top 10 despite being live for less than two months.

In the context of TVL Gains, Friend Tech, Stride Zone offering Liquid Staking for Cosmos, and Jito Sol providing Liquid Staking for Solana have been showing consistent growth along all timelines. This raises the question of whether Cosmos and Solana are the only viable alternative L1s now.

In conclusion, key takeaways suggest that protocols with PMF are still printing fees in the bear, and Friend Tech emerges as the protocol of the year, necessitating more development like this on the app layer. Infra protocols are consistently progressing, and Cosmos and Solana continue to hold significant relevance.

A special thanks to the numerous contributors and experts who have helped navigate through this market. These insights are crucial for anyone keen on understanding the dynamic landscapes of cryptocurrencies and blockchain. If you find such insights helpful, consider following for more content, and sharing to extend the knowledge.