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List of Altcoin Networks Generating the Most Revenue Published: Bitcoin is Not in First Place

Jul 6, 2024 #仮想通貨
List of Altcoin Networks Generating the Most Revenue Published: Bitcoin is Not in First Place

A report by Lookonchain reveals that Ethereum is the leading blockchain network in terms of feerevenue,surpassing Bitcoin and other notable altcoinnetworks.

Points

  • Ethereumgenerated$2.72billioninrevenuelastyear,leadingtheblockchainnetwork.
  • Bitcoinrankedsecondwith$1.30billioninfeeincome.
  • TronNetworkfollowedinthirdplacewith$459.39million.
  • OthernotablenetworksincludeSolana,BSC,Avalanche,zkSyncEra,Optimism,andPolygon.
  • Ethereum’secosystemisexperiencingsignificantgrowth,especiallyinLayer-2solutions.

According to a recent report byLookonchain,Ethereum has become the leading blockchain network in terms of feerevenue,generating a staggering$2.72billion in revenue lastyear.This figure put Ethereum ahead ofBitcoin,which ranked second with$1.30billion in feeincome.Tron Network followed in third place with$459.39million.

Other notable networks include Solana at$241.29million,BSC at$176.56million,Avalanche at$68.83million,zkSync Era at$59.77million,Optimism at$40.4million,and Polygon at$23.91million.

The Ethereum ecosystem is currently experiencing significantgrowth,withLayer-2activity reachingall-timehighs.Layer-2solutions,designed to increaseEthereum’sscalability,are seeing unprecedented usage based onon-chainindicators.Ethereumco-founderVitalik Buterin recently expressed his admiration for the rapid growth of EthereumL2solutions such as Optimism andBase.

In anotherdevelopment,the Ethereum network reported its lowest average fees this year since2016.This reduction in fees can be attributed to the increasing efficiency and adoption ofLayer-2solutions,which help to offload transactions from the main Ethereumblockchain.

解説

  • Ethereum’sleadingpositioninfeerevenueunderscoresitssignificantroleintheblockchainecosystemanditsrobustinfrastructure.
  • ThegrowthofLayer-2solutionshighlightstheongoingeffortstoenhanceEthereum’sscalabilityandreducetransactioncosts.
  • ThesubstantialrevenuesgeneratedbyothernetworkslikeBitcoin,Tron,andSolanareflecttheirgrowingadoptionandutilityintheblockchainspace.
  • Monitoringtherevenueandgrowthofdifferentblockchainnetworkscanprovideinsightsintotheirlong-termpotentialandstrategicimportanceinthemarket.