Crypto wallet revenues drop 60% in H1 2026, 1kx report finds

Wallet and interface revenues fell to around $0.4 billion as softer prices and thinner trading squeezed fee income across the consumer layer Crypto wallets had a rough first half of 2026. Revenues from wallets and frontend interfaces fell 60% year over year, landing at around $0.4 billion, according to the 1kx Blockchain Revenue Report 2026. The 1kx report was released in late October 2026 and covers data through Q3 2026. It tracks revenue across the blockchain sector by category, from base-layer networks to the apps that sit on top of them.

Source: Crypto Briefing