Blockchain network revenue decreased by 16% in September, driven by reduced cryptocurrency volatility, according to VanEck. This decline in volatility led to lower demand for high-priority transactions, resulting in decreased fees across major networks such as Ethereum, Solana, and Tron. Ethereum's fees fell by 6%, Solana's by 11%, and Tron's by 37% following a governance fee reduction. Despite the fee cuts, Tron maintained its position as the leading revenue-generating blockchain ecosystem, primarily due to its significant stablecoin activity. Notably, 51% of the Tether USDt supply is issued on the Tron network. The stablecoin market cap reached $292 billion in October 2025, underscoring Tron's pivotal role in generating recurring fees.