Token

Solana

Higher

<h2 id="key-points">Key Points</h2> 
<ul> 
 <li>The top 5 blockchains by most fees generated in the last 90 days: Tron, Ethereum, Bitcoin, Solana, and BNB Chain.</li> 
 <li>Higher fee generation points to significant usage of the blockchain.</li> 
</ul> 
<p>Fees generated by a network serve as important indicators of activity, adoption, and economic value. High fee generation of blockchains points to significant usage due to a large number of transactions.</p> 
<p>Token Terminal reveals the top blockchains by most fees generated in the last 90 days.</p> 
<figure id="attachment_48891" aria-describedby="caption-attachment-48891" style="width: 100%" class="wp-caption alignnone">
 <a href="https://crypto.ro/en/wp-content/uploads/2024/08/blockchain-14-august.png"><img loading="lazy" decoding="async" class="wp-image-48891 size-full" src="https://crypto.ro/en/wp-content/uploads/2024/08/blockchain-14-august.png" alt="Token Terminal" width="1146" height="519" title="Top 5 Fee-Generating Blockchains in the Past 90 Days 19"></a>
 <figcaption id="caption-attachment-48891" class="wp-caption-text">
  Token Terminal
 </figcaption>
</figure> 
<h2 id="top-5-blockchains-by-most-fees-generated">Top 5 Blockchains by Most Fees Generated</h2> 
<h3 id="1-tron-434-6m">1. Tron – $434.6M</h3> 
<p>According to data from Token Terminal, Tron is the blockchain with the most generated fees in the past 90 days: $434.6 million.</p> 
<p>Tron is a leader in USDT transactions, dominating the range between $1 and $10,000. Back in July, Tether Treasury <a href="https://x.com/whale_alert/status/1812946943720472996" rel="nofollow" target="_blank">minted</a> $1 billion USDT on Tron, anticipating future demand.</p> 
<p>According to a recent Messari report, about 53% of all USDT in circulation is on Tron.</p> 
<p>In the past three months, Tron recorded over 600 million transactions.</p> 
<h3 id="2-ethereum-364-5m">2. Ethereum – $364.5M</h3> 
<p>Ethereum recorded $364.5 million in total fees in the past 90 days.</p> 
<p>Despite being the second blockchain in terms of top fees generated by the network, recently, Ethereum gas fees dropped to a multi-year low.</p> 
<p>Ethereum on-chain activity remains high, with Tether Treasury recently minting 1 billion USDT on Ethereum, and <a href="https://crypto.ro/en/news/whale-rebuilds-ethereum-position-after-8-06m-liquidation-in-market-crash/">whale moves</a> suggesting trust in ETH’s potential recovery.</p> 
<p>Ethereum ETFs were also approved this year, driving more transactions on the blockchain.</p> 
<p>Ethereum records a daily average of about 1.1 million transactions, according to data from <a href="https://ycharts.com/indicators/ethereum_transactions_per_day" rel="nofollow noopener" target="_blank">YCharts</a>.</p> 
<h3 id="3-bitcoin-161-5m">3. Bitcoin – $161.5M</h3> 
<p><a href="https://crypto.ro/en/cryptocurrencies/bitcoin/">Bitcoin </a>generated $161.5 million in fees during the past 90 days, according to data from <a href="https://tokenterminal.com/terminal/metrics/fees?v=ODg0Zjc2" rel="nofollow noopener" target="_blank">Token Terminal</a>.</p> 
<p>In the past three months, Bitcoin recorded <a href="https://ycharts.com/indicators/bitcoin_transactions_per_day" rel="nofollow noopener" target="_blank">intense activity</a> on the network, due to important global economic events, geo-political tensions, periods of accumulation, and institutional adoption mirrored by the inflows in Bitcoin ETFs.</p> 
<p>The average<a href="https://www.theblock.co/data/on-chain-metrics/bitcoin" rel="nofollow noopener" target="_blank"> monthly transactions</a> in the past three months on the Bitcoin blockchain were around 18 million.</p> 
<h3 id="4-solana-150-8m">4. Solana – $150.8M</h3> 
<p>Solana generated $150.8 million in fees during the past 90 days, according to official Token Terminal reports.</p> 
<p>Over the past few months, the Solana ecosystem <a href="https://crypto.ro/en/news/surge-in-on-chain-activity-boosts-solana-ecosystem/">recorded a surge</a> in on-chain activity. This increase in activity has been largely driven by decentralized applications (dapps) such as Raydium, Pump.Fun, and Jito.</p> 
<p>Also, the meme coin frenzy on Solana generated a large number of transactions.</p> 
<p>In the past three months, the average <a href="https://www.theblock.co/data/on-chain-metrics/solana" rel="nofollow noopener" target="_blank">monthly transactions</a> on Solana were 1 billion.</p> 
<h3 id="5-bnb-chain-36-1m">5. BNB Chain – $36.1M</h3> 
<p><a href="https://www.bnbchain.org/" rel="nofollow noopener" target="_blank">BNB Chain</a> generated $36.1 million in fees during the past 90 days.</p> 
<p>On June 20, BNB Chain activated the Haber hard fork that introduced an innovative concept – transactions carrying blob objects.</p> 
<p>These temporary segments allow capturing large volumes of data which optimize storage and data processing on the blockchain.</p> 
<p>BNB Chain’s average<a href="https://bscscan.com/" rel="nofollow noopener" target="_blank"> daily transactions</a> are over 3 million.</p>

Top 5 Fee-Generating Blockchains in the Past 90 Days

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