Cryptocurrency

Solana

Bitcoin

Polygon

Avalanche

According to a recent report by Lookonchain, Ethereum has become the leading blockchain network in terms of fee revenue, generating a staggering $2.72 billion in revenue last year.
This figure put Ethereum ahead of Bitcoin, which ranked second with $1.30 billion in fee income. Tron Network followed in third place with $459.39 million.
Other notable networks include Solana at $241.29 million, BSC at $176.56 million, Avalanche at $68.83 million, zkSync Era at $59.77 million, Optimism at $40.4 million, and Polygon at $23.91 million.
Related News: <a href="https://en.bitcoinsistemi.com/binance-responds-to-confusion-about-turkeys-new-cryptocurrency-regulation-will-users-still-be-able-to-use-binance/" target="_blank" rel="noopener noreferrer nofollow">Binance Responds to Confusion About Turkey's New Cryptocurrency Regulation: Will Users Still Be Able to Use Binance?</a>
The Ethereum ecosystem is currently experiencing a period of significant growth, with Layer-2 activity reaching all-time highs. Layer-2 solutions designed to increase Ethereum's scalability are seeing unprecedented usage based on on-chain indicators. Ethereum co-founder Vitalik Buterin recently expressed his admiration for the rapid growth of Ethereum L2 solutions such as Optimism and Base.
In another development, this year the Ethereum network reported its lowest average fees since 2016.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/list-of-altcoin-networks-generating-the-most-revenue-published-bitcoin-is-not-in-first-place/" rel="noopener noreferrer nofollow">List of Altcoin Networks Generating the Most Revenue Published: Bitcoin is Not in First Place</a>

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

Bitcoin Sistemi EN

Other articles published on Jul 3, 2024

Discover the 3 Biggest Crypto Leaders of 2024

Fidelity and Sygnum Collaborate with Chainlink to Access Tokenized Asset Information

Federal Reserve Forecasts “AI Will Be Deflationary” To Boost Economy

Chromia Reveals 16 July As Launch Date For Its MVP Mainnet

Binance Removes Six Spot Trading Pairs

Binance Coin (BNB) Funding Rate Spikes, Hinting at Potential Price Increase

Join our free newsletter for daily crypto updates!