Ethereum

2024

Bitcoin

<p>The race for revenue in the crypto universe is intensifying, with Ethereum taking a considerable lead over its historical rival, Bitcoin. Ether generated $2.728 billion, while BTC followed with $1.302 billion, illustrating a new dynamic in the blockchain ecosystem.</p>
<h2 id="h-ethereum-dominates-the-blockchain-revenue-landscape">Ethereum dominates the Blockchain revenue landscape</h2>
<p>The Ethereum blockchain has established itself as the undisputed leader in terms of fee revenue, surpassing Bitcoin. Its exceptional performance of $2.728 billion over the past year illustrates its dominance in the Decentralized Applications (dApps) and smart contracts ecosystem.</p>
<div class="my-4">
 <div class="ads " data-page-type="" data-location="1">
 </div>
</div>
<p>The first quarter of 2024 <a href="https://twitter.com/WuBlockchain/status/1808422649368080447?t=qbpdubLv4cC-aqWsQ69xnw&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">proved</a> to be particularly lucrative for Ethereum, with its revenue reaching $365 million, marking a remarkable year-on-year growth of 155%. This spectacular rise is mainly due to the boom in innovative sectors such as decentralized finance (DeFi) and non-fungible tokens (NFTs).</p>
<p>Ethereum’s transaction fee revenue reached a record high of $1.17 billion in the first quarter, marking an 80% increase over the previous quarter.</p>
<div class="affiliate-button"><a class="affiliate-button__link" href="https://bitvavo.com/fr/affiliate/coinmedia?a=_cta" target="_blank" rel="noopener noreferrer nofollow">€20 bonus for registering on Bitvavo</a> <a class="affiliate-button__disclaimer" href="https://www.cointribune.com/en/sponsored-content/" target="_blank" rel="noopener noreferrer nofollow">This link uses an affiliate program.</a>
</div>
<h2 id="h-bitcoin-a-giant-that-remains-in-the-race">Bitcoin: A giant that remains in the race</h2>
<p>Although surpassed by Ethereum in terms of revenue, Bitcoin maintains its position of strength with $1.302 billion generated through transaction fees.&nbsp;</p>
<p>The introduction of Bitcoin Ordinals has played a crucial role in this performance, leading to a notable increase in transaction fees. Furthermore, the <a href="https://www.cointribune.com/en/runes-the-new-force-on-bitcoin-ordinals-and-brc-20-dethroned/" target="_blank" rel="noopener noreferrer nofollow">Runes</a> technology has contributed significantly, accounting for up to 68% of Bitcoin transactions since the last Halving.</p>
<p>Despite its primary function as a store of value and medium of exchange, Bitcoin proves its ability to generate substantial revenue. This resilience testifies to its growing adoption and persistent importance in the crypto landscape, beyond its status as a benchmark digital asset.</p>
<p>In sum, the future looks promising for these two leading cryptos. With the imminent launch of <a href="https://www.cointribune.com/en/ethereum-etfs-set-to-secure-15-billion-by-2025/" target="_blank" rel="noopener noreferrer nofollow">Ethereum ETFs</a> and the continued growth of the Bitcoin ecosystem, analysts foresee significant capital inflows in the coming months.</p>

Bitcoin vs Ethereum: A Battle of Titans for Blockchain Revenues

Inhaltsverzeichnis

Cointribune EN

Weitere Artikel, die am 4. Juli 2024 veröffentlicht wurden

Ethereum ETF Caught Between Hype and Pessimism After Latest Delay

How to Get FC Barcelona Fan Token?

BlockDAG’s Dev Release 65 Shares Blockchain Advancements as Low-Code/No-Code & Dashboard Pumps Pr...

Crypto liquidations doubled as market cap fell to 2-month-low

Bybit Powered by SATOS Soft Launches Netherlands Office in Amsterdam, Grand Opening Ceremony Set ...

Bitcoin Price Falls Below $58,000: When Can We Expect Market Growth? Opinion of ALTA - Blockchain...

Abonniere unseren kostenlosen Newsletter und erhalte tägliche Krypto-Updates!