Why is Everyone Talking about REV?
Crypto Twitter gets vocal about Real Economic Value.
Over the week, crypto Twitter has been debating a new favorite metric: Real Economic Value, or REV.
Standardized by Blockworks Research, REV tracks how much users pay to use a blockchain — including fees and MEV tips.
The metric has gained traction as a signal of demand for blockspace and a way to understand which chains see real usage — recently highlighting Solana as a home for large economic value creation. But while many agree it's useful, no one's calling it the only metric that matters.
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David Christopher
David is a writer/analyst at Bankless. Prior to joining Bankless, he worked for a series of early-stage crypto startups and on grants from the Ethereum, Solana, and Urbit Foundations. He graduated from Skidmore College in New York. He currently lives in the Midwest and enjoys NFTs, but no longer participates in them.
