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$0.20
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Blockchain Fee Earnings Break $6.89B in 2024: Ethereum, Tron, and Bitcoin Shine
By
Coin Edition
about 15 hours ago
ETH
2024
ARB
BTC
OP
- Ethereum led blockchain fee earnings in 2024 with $2.48 billion despite price challenges.
- Tron saw the highest growth in fees, rising 116.7% to $2.15 billion in 2024.
- Layer 2 blockchains like Arbitrum and Optimism are growing, surpassing some Layer 1 networks.
Blockchain networks generated huge revenue through transaction fees in 2024, with Ethereum taking the lead, followed by Tron and Bitcoin.
The total transaction fee earnings across Layer 1 and Layer 2 blockchains reached more than $6.89 billion, with Ethereum leading the pack with a margin. Ethereum remained the top blockchain by fees earned in 2024, bringing in $2.48 billion from gas fees.
The network saw fluctuations in fee earnings month-to-month, ranging from $62.82 million to $606.77 million. These peaks and declines in earnings were driven by periods of high network a…
The post Blockchain Fee Earnings Break $6.89B in 2024: Ethereum, Tron, and Bitcoin Shine appeared first on Coin Edition.
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