Ethereum layer-2 networks achieved a mixed income of $277 million in 2024, with roughly 41% ($113 million) allotted as “price” to the mainnet. This implies the blockchain networks generated cumulative earnings of $164 million final 12 months.
Lorenz Lehmann, citing GrowThePie information, reported that Base, the layer-2 scaling answer developed by Coinbase, emerged because the highest-earning protocol in 2024, producing over $92 million. This efficiency is per Base’s speedy progress and elevated adoption in comparison with its rivals.
Trailing behind, Arbitrum secured the second spot with $42 million in income, adopted by Consensys-backed Linea, which generated $36.6 million. Scroll and Optimism rounded out the highest 5, incomes roughly $35 million and $26 million, respectively.
Dencun improve affect
Lehmann identified that the charge panorama underwent a major transformation following the Dencun improve, which decreased charges for L2 transactions and reshaped Ethereum’s income construction.
In line with him, a lot of the charges—76%—had been collected within the first quarter of the 12 months. Nonetheless, by the tip of the 12 months, blob charges helped stabilize Ethereum’s income streams, showcasing an evolving dynamic in charge distribution.
Lehmann is the analysis head at GrowThePie, a blockchain analytics platform.