ARK Invest's latest report reveals a significant 34% quarter-over-quarter decline in the network's Real Economic Value (REV) for Q1 2026, totaling approximately $307 million. This marks the lowest level since 2022, indicating a broad downward trend. Among individual blockchains, Solana leads with about $90 million in REV, followed by Tron at approximately $83 million. Ethereum's REV saw a sharp 60% decrease to around $40 million, marking the second consecutive quarter it has fallen below BNB Chain.