Core Rev+ upgrade sparks network growth with new rev generating model
Core Blockchain Overview - July 17, 2025
Welcome to the Core Blockchain Overview. A one-stop-shop for the Core community to get up to speed on the network’s latest updates, metrics, releases, insights, ecosystem developments and more. All in one place.
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The Core blockchain by the numbers
Network’s daily transactions: 364.7K (+42.63%)
Total unique addresses: 59.92M (+1.23%)
ERC-20 daily tokens transferred: 100.5K (+112.03%)
Total CORE delegated: 258.6M (+4.62%)
Total BTC staked: 4,616 (-6.35%)
Top 3 Core validators by hybrid score:
The metrics are accurate at the time of publication. The percentage change is over a 14-day period.
Inside the network
🔸What we’re watching: Core announced Rev+ upgrade for builders and stablecoin issuers on the network to earn a share of gas fees based on usage.
🔸Why it matters: Rev+ provides value back to its contributors via a revenue-sharing mechanism. The network automatically allocates a portion of transaction gas fees to builders, stablecoin issuers and Decentralized Autonomous Organizations (DAOs) based on their contributions.
It uses a real-time direct distribution mode along with monthly pooled rewards to reward users based on their network activity, such as transaction volume and aggregated value, unique active addresses and total fees generated. This approach looks to turn passive users into engaged ones because they have to actively participate with the ecosystem (instead of just signing up and nothing else.)
Traditionally, developers have to allocate resources toward designing token models or managing fundraising, which may take away from other departments. With Rev+, it can flip the script by providing direct revenue streams based on user activity. In turn, it allows builders to focus their resources on app development.
In addition, Rev+ hopes to create a flywheel effect. As user activity increases, developers earn more revenue through gas fee sharing, attracting other builders to the Core network. These developers can build in peace knowing they won’t have to worry much about tokenomics or reward models. Thus, drawing more users and transaction volume to the ecosystem.
🔸The bigger picture: Beyond incentives, Rev+ plans to align with broader industry trends, specifically for stablecoins on the network.
Stablecoin issuers, who traditionally face high upfront distribution costs, can earn revenue directly from transaction activity. This incentivizes issuers because each transfer generates immediate revenue through the direct distribution model.
As stablecoin usage grows, issuers benefit from a scalable income stream, while users can access a robust system and financial tools. Through a revenue sharing model at the protocol level, Rev+ can position Core as a leading blockchain for builders and users alike.
Scaling the ecosystem
Houdini Swap deployed cross-chain swap platform to the Core network
Myth Games launched its multi-player first person shooter game to Core and Epic Games
Since its release, the game has recorded 46.23K unique active wallets
Core recorded $15.12M in daily DEX volume on July 13, a new high on the year according to DefiLlama
Check out the Core blog for more updates.
Into the Core community
Learn how developers on Core could create dApps for institutional adoption in an X livestream with Initial Core Contributor Brendon Sedo and Blockdaemon Chief DeFi and Protocols Officer Demo Skalkotos
Bitfi integrated its onchain asset management platform to Core for users to earn up to 8% APY on bitcoin and a 3x daily Sparks multiplier for the Ignition campaign
Read a report about Maple Finance and how its lstBTC token, in collaboration with Core, can expand the BTCfi ecosystem
Join in the fun
Want to dive deeper into the Core blockchain?
Participate in the Core Connect Buildathon for a chance at a $1.2M prize pool
Sign up for the Core Ignition series and swap on Houdini app to earn Sparks rewards
Check out Electric Capital’s Core report for insight into developers on the network
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This product was built by Token Relations.
This information is for entertainment purposes only. It should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research.