Wu said that analyst Michael Nadeau cited Token Terminal data showing that Aptos spent $494 million in 2024 only to generate $1.38 million in user fees, which means it cost $358 to capture each $1 in fees; this $494 million was spent on Aptos's 151 validators, averaging about $3.27 million per validator. In comparison, during the same period, Solana spent $7.22 to capture each $1 in fees, Ethereum spent $1.14, and Avalanche spent $63.