Top 15 Projects by Total Revenue in 2025: Tether and Circle Remain Forefront

**Top 15 Crypto Projects by Revenue in 2025 Revealed by LunarCrush**

LunarCrush, a platform leveraging artificial intelligence (AI) to analyze digital assets such as cryptocurrencies, has unveiled the list of the top 15 projects that generated the highest revenue in 2025. The results highlight significant growth and user engagement across various blockchain projects throughout the year.

### Leading the Pack: Tether and Circle

Topping the list is **Tether**, which leads all projects with an impressive 16.9 million active addresses over the past 30 days and has generated $5.2 billion in revenue for 2025.

Following closely is **Circle**, securing the runner-up position with 7.5 million active addresses. Circle demonstrated considerable revenue growth, accumulating approximately $2.4 billion during the year.

### Strong Performers: Hyperliquid, Pump Fun, and Ethena

In third place, **Hyperliquid** boasts remarkable growth in Total Value Locked (TVL) at around $4.1 billion, with 292.7K active addresses and $630 million in revenue generation.

**Pump Fun** stands fourth with 864.9K active addresses, $549 million in generated revenue, and a TVL of $199.3 million in 2025.

Next up is **Ethena**, which recorded $389 million in revenue and an impressive TVL of $6.5 billion, supported by 38.7K active addresses.

### Mid-Range Achievers: Sky, PancakeSwap, Phantom, and Aerodrome

The **Sky** project reported 699.1K active addresses, a TVL of $6.1 billion, and $355 million in revenue.

**PancakeSwap** holds a central position among the top projects, successfully generating $317 million in revenue and maintaining a TVL of $2.4 billion alongside 2 million active addresses.

Additionally, **Phantom** earned $293 million in revenue in 2025.

Securing the 10th spot is **Aerodrome**, which excelled across three key metrics: active addresses, TVL, and revenue. It held a TVL of $445.9 million, generated $207 million in revenue, and counted 65.2K active addresses.

### Closing the List: Photon, Aave, Aethir, Raydium, and Lido

The **Photon** project earned $188 million in revenue with 56K active addresses during 2025.

**Aave** recorded a substantial TVL of $33.3 billion but generated comparatively lower revenue of $130 million, with 147.9K active addresses.

**Aethir** comes in near the bottom of the list with 19K active addresses and $120 million in revenue.

The **Raydium** project made it to the second-last position, despite having a TVL of $1.3 billion and 4.2 million active addresses, generating $91.6 million in revenue.

Lastly, **Lido** occupies the 15th and final spot on the list. It recorded the lowest revenue among the top projects at $83.3 million, with a TVL of $25.8 billion and 24.6K active addresses.

This insightful ranking was revealed by the Phoenix Group through their official X account, offering a comprehensive overview of the revenue and usage patterns shaping the crypto landscape in 2025.
https://bitcoinethereumnews.com/tech/top-15-projects-by-total-revenue-in-2025-tether-and-circle-remain-forefront/

Recently Departed WWE Star Undergoes Major Surgery

Former WWE Superstar Ridge Holland, who now goes by his real name Luke Menzies, recently provided a significant update on his health after a long period of pain and frustration. Holland confirmed the extensive nature of the procedure he received. He told the WWE fans that he had an artificial disc replacement spanning from C5 to C7. The wrestler immediately gave credit to the staff at the Hospital for Special Surgery in Manhattan for taking excellent care of him. He also shared his complete gratitude for the outpouring of support he has received from people online. View this post on Instagram A post shared by “Steam Pig” Ridge Holland. Luke Menzies/ Online coach (@ridgewwe) Holland shared the post along with a confirmation of the procedure. He posted: “Surgery went well. C5 to C7 artificial disc replacement. Thank you to the amazing care at @hspecialsurgery Manhattan. And thank you for all the messages of support. I’ll get back to you all over the next few days. #therebuild”. This surgery marks a major step forward for the former member of the Brawling Brutes. Holland has been dealing with various neck issues for a considerable amount of time. The procedure also comes on the heels of a messy and controversial exit from WWE earlier this year. The former NXT star had previously claimed that he was released from his contract while he was injured. This sudden move left him struggling to manage his family’s finances, including paying his mortgage. Despite the controversy surrounding his release, reports confirmed that WWE decided to cover the entire cost of the essential surgery. For the present time, Ridge Holland is rightly focused completely on his intensive recovery period. Whether or not he will ever return to the wrestling ring remains an entirely separate question. However, his overall health is clearly the most important priority, a fact that has relieved his fans. More news: Nikki Bella Reunites With Ex-Boyfriend At WWE Raw Ridge Holland’s contract was terminated early in November 2025, just nine days before its scheduled expiration. This action by the company was reported to be a direct response to his public posts detailing his financial struggles. Holland had suffered a severe Lisfranc foot injury while performing at a TNA taping for WWE’s benefit, an injury the company was originally only covering rehab costs for. Holland later clarified that despite his controversial early termination, WWE agreed to pay for the neck fusion surgery because the situation was considered an “open case”. This expensive surgery is expected to sideline Holland from physical activity until at least May 2026. The star continues to maintain a respectful relationship with Big E, who showed him immense grace after the in-ring injury that ultimately ended Big E’s full-time career. More WWE News: Former WWE Champion is Preparing for In-Ring Return Ringside Tickets for WWE PLE Reach Shocking Price AJ Lee Calls Out WWE Fan for Bizarre AI Video.
https://www.newsweek.com/sports/wrestling/recently-departed-wwe-star-undergoes-major-surgery-11105777

Dispatch is “freaking fantastic” and full of lessons, says 007 First Light developer

IO Interactive’s CEO Hakan Abrak recently spoke to gamesindustry. biz about 007 First Light, Hitman, and what’s going on at the studio. During the interview, Abrak hails Dispatch as a “freaking fantastic” game and believes it is full of potential lessons for how to successfully pull off episodic releases in the future. Abrak was asked about Dispatch because of how its success compares to Hitman in 2016. Dispatch is showing episodic releases can still be highly successful, meanwhile, Hitman was heavily criticized. The IO Interactive CEO sings the praises of Dispatch as “freaking fantastic” and a “very, very nice game”. Abrak also admits that IO Interactive was “too early with the concept, and there were many, many mistakes made”. One of the biggest mistakes was the developer “banging on [about how] one Hitman level can yield 50 hours plus of gameplay, whereas the Dispatch structure is a bit different”. This is because “It’s a much more episodic format, where yes, you can go back and kiss Mandy, or not kiss her,” but there’s still less replay, and “when there’s less replay opportunity, then you want to have the next episode coming sooner”. Abrak believes “there are learnings” from Dispatch and that it’s a “huge topic”. These potential lessons raise questions about “the future of gaming,” such as “Do all games need to be 40 hours?”. 007 First Light is coming out on March 27, and IO says they wanted to “make our own James Bond”. The game isn’t episodic, so it doesn’t need to worry about criticisms levied at Hitman, but Abrak is “thinking” about potential lessons from Dispatch “for future instalments”. Dispatch shows path to success for episodic releases Dispatch shows that episodic releases can still be extremely successful. The key reason for its success is that Episodes 1 and 2 came out on October 22, capped off by Episodes 7 and 8 on November 12. All episodes were out in three weeks, which is much faster than Hitman, where it took seven months for all six episodes to release. The Dispatch model is also a lot quicker than Telltale Games’. Telltale attempted to release new episodes every month, but sometimes it took much longer. Thanks to its episodic format, the Dispatch player count got bigger every week, thanks to extremely positive word of mouth. This helped it sell over 1 million copies in just 10 days and also contributed to the game being on track to beat its three-year sales target in just three months.
https://www.videogamer.com/news/dispatch-freaking-fantastic-says-007-first-light-developer/

Hazbin Hotel season 2 ending explained: Did Charlie save Hell once more?

The final episodes of Hazbin Hotel season 2 return to the central conflict between Heaven and Hell and conclude with Charlie preventing a full-scale war. Hazbin Hotel season 2 episode 7 reveals Vox’s secret weapon, which is powered by the abducted Lucifer and directed at Heaven’s defenses. In response, Charlie forms a coordinated plan with her friends at the Hazbin Hotel to counter the broadcast, dismantle the weapon, and calm rising tensions. At the same time, Emily and Sir Pentious work from Heaven’s side to encourage understanding and delay retaliation. Through these combined efforts, the weapon is ultimately destroyed, and both realms avoid direct conflict. However, the events in Hazbin Hotel season 2 episode 8 introduce unanswered questions about alliances, redemption, and emerging threats. Disclaimer: This article contains major spoilers. Read at your own discretion. What happened in Hazbin Hotel season 2 ending? The finale confirms that Charlie successfully saves Hell again. Vox initiates his plan by revealing a massive cannon powered by Lucifer, whom he abducts after disguising himself as Charlie. When Angel Dust appears on a broadcast declaring redemption a joke, under hypnosis, tensions escalate quickly. Vox activates the weapon, and Heaven’s defenses begin to collapse. Lute urges retaliation, but Sera chooses another path after sharing a conversation with Sir Pentious. She orders the angels to stand by, allowing Emily to descend to Hell and speak with Charlie about a peaceful approach. In Hell, Charlie regroups and plans a counter-broadcast. With Baxter’s technical help, she intends to show proof of actual redemption to undermine Vox’s narrative. As all parties move to stop the cannon, the combined forces manage to destroy it. Pentious then appears and confirms his own redemption from Heaven. Though chaos surrounds the Hazbin Hotel season 2 finale, the crisis is averted. Charlie prevents a catastrophic war, maintains her mission, and keeps Hell from falling into deeper destruction. By the time the episode ends, the Hazbin Hotel is more active than ever, showing hopeful movement toward lasting change. Did Vox succeed in his war with Heaven? The end of Hazbin Hotel season 2 reveals shifting power among Hell’s overlords. Vox’s plan collapses after Alastor outsmarts him. Throughout the season, Alastor appears limited by contracts and tricks, but the finale shows he is one step ahead. He uses clever wordplay to break free from Vox’s binds, turning the situation in the group’s favor. Vox loses control of the cannon and his scheme falls apart. Meanwhile, Velvette faces Nifty in a surprising clash. Nifty defeats her alone, revealing abilities that were previously unseen. But the Vees remain a looming presence. Despite failing to destroy Heaven, they redirect public opinion. With Angel Dust’s manipulated broadcast and the aftermath of the finale, Valentino emerges as the new “Boss Daddy,” reinforcing his influence over Hell. Lucifer, however, plays a minimal role in the conflict. After being abducted to power Vox’s weapon, he remains sidelined for most of the episode. His lack of agency becomes one of the season’s unresolved elements. Still, his situation sets up new interpersonal tension within Charlie’s family as the Hazbin Hotel season 2 progresses. Did Angel Dust return to the hotel? After being hypnotized and used as a spy, Angel Dust becomes central to Vox’s propaganda. Even after the battle, Angel Dust chooses not to return to the Hazbin Hotel. He insists that he has signed his soul away and the people in the hotel are not safe if he’s around, fearing that the Vees might use him again against them. Although the effect of Angel’s departure is visible, the Hazbin Hotel thrives. More demons arrive with genuine intentions to change. The connection between Heaven and Hell also strengthens. Sera listens to Pentious’s message about empathy, Abel talks Lute down from an aggressive stance, and Emily reaches Hell to communicate with Charlie. Tensions remain, but both realms begin to understand each other more deeply. Did Lilith finally answer Charlie’s call? Throughout the season, Charlie repeatedly tries to contact her mother, Lilith, hoping for guidance in running the hotel. Each attempt ends in voicemail, both in the previous season and in the latest episodes. In the finale, after leaving another long message, Charlie’s phone unexpectedly rings. When she answers, Lilith is finally on the other end. Hazbin Hotel season 2 concludes with Charlie preventing another Heaven-Hell war, dismantling Vox’s plan, and reinforcing the hotel’s mission, but the closing moment shifts focus to her long-awaited connection with her mother, opening the door to further exploration of their relationship. All episodes of Hazbin Hotel season 2 are available for online streaming on Prime Video.
https://www.sportskeeda.com/us/shows/hazbin-hotel-season-2-ending-explained-did-charlie-save-hell-more

Strive raises $160M in oversubscribed SATA IPO as Vivek Ramaswamy buys in

**Key Takeaways**

Vivek Ramaswamy purchased 15,625 shares of Strive Inc.’s Variable Rate Series A Perpetual Preferred Stock at $80 per share. Strive Asset Management, co-founded by Ramaswamy, positions itself as ‘anti-woke’ and focuses on maximizing shareholder value.

Strive, backed by Vivek Ramaswamy, announced on Monday that it had successfully closed its oversubscribed initial public offering (IPO) of its Variable Rate Series A Perpetual Preferred Stock (SATA Stock) on Nasdaq. Due to high demand, the number of shares offered was increased from 1.25 million to 2 million.

According to a recent SEC filing, Ramaswamy purchased 15,625 shares of Strive’s SATA Stock. Additionally, he owns 113.9 million Class B shares and indirectly holds 28.4 million shares through the Ramaswamy 2021 Irrevocable Trust.

The offering forms part of Strive’s strategy to amplify its Bitcoin holdings through perpetual preferred equity. The company plans to use the IPO proceeds for general corporate purposes and to potentially increase its Bitcoin holdings, aiming to boost value for ASST common equity shareholders.

Backed by prominent entrepreneurs including Peter Thiel, JD Vance, and Bill Ackman, Strive is acquiring health-tech firm Semler Scientific in an all-stock transaction. This deal, subject to customary closing conditions, is expected to establish a major Bitcoin treasury entity.
https://bitcoinethereumnews.com/tech/strive-raises-160m-in-oversubscribed-sata-ipo-as-vivek-ramaswamy-buys-in/

Heather Knight slams her 27th WODI half-century

**WODI World Cup: Heather Knight’s Unbeaten 79 Guides England to Victory Over Bangladesh**

*By Parth Dhall | October 7, 2025 | 10:37 PM*

In a thrilling encounter at the 2025 ICC Women’s ODI World Cup, England secured a hard-fought victory against Bangladesh at the Barsapara Cricket Stadium in Guwahati. Chasing a target of 179, what seemed like a modest total proved challenging as England faced a middle-order collapse before rallying to victory.

Bangladesh got off to a strong start with Marufa Akter making early breakthroughs, dismissing England’s openers Amy Jones (1) and Tammy Beaumont (2) as the visitors found themselves struggling at 29 for 2. However, England’s Nat Sciver-Brunt and captain Heather Knight steadied the innings, putting together an important 40-run partnership.

The tide turned quickly when Fahima Khatun struck twice in quick succession, removing Sciver-Brunt for 32 and Sophie Dunkley for a duck, leaving England in deep trouble at 78 for 5. It was then left to Heather Knight to single-handedly guide her team to victory.

Knight remained unbeaten on 79 runs off 111 balls, a patient and composed innings featuring 8 fours and a six. Alongside a resilient Charlotte Dean, who supported with an unbeaten 27*, Knight anchored the chase, eventually bringing England home in 46.1 overs.

**Milestone Achievement for Heather Knight**

This impressive knock not only sealed the win but also marked a personal milestone for Heather Knight. She surpassed Claire Taylor’s run tally of 4,101 runs, becoming the fourth-highest run-scorer for England in Women’s ODIs. Knight now boasts 4,116 runs in 151 WODI matches at an average of 35.79, including two centuries and 27 half-centuries.

Only Charlotte Edwards (5,992), Tammy Beaumont (4,562), and Nat Sciver-Brunt (4,124) sit ahead of her on England’s all-time WODI run-scoring list.

England will look to build on this hard-earned victory as the tournament progresses, while Bangladesh can take heart from a spirited bowling effort and early breakthroughs that challenged a strong English batting line-up.
https://www.newsbytesapp.com/news/sports/heather-knight-helps-england-beat-bangladesh-in-wodi-wc/story

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