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    Home»Altcoins»Ethereum, Tron, and Bitcoin Drive $6.89 Billion Blockchain Income Growth in 2024
    Ethereum, Tron, and Bitcoin Drive .89 Billion Blockchain Income Growth in 2024
    Altcoins

    Ethereum, Tron, and Bitcoin Drive $6.89 Billion Blockchain Income Growth in 2024

    By Crypto EditorJanuary 22, 2025No Comments2 Mins Read
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    In 2024, blockchain networks noticed substantial development in transaction charge revenues, with Ethereum main the cost, adopted by Tron and Bitcoin.

    Complete earnings throughout Layer 1 and Layer 2 networks surpassed $6.89 billion, showcasing elevated blockchain adoption and exercise.

    Ethereum generated $2.48 billion in charges, remaining the highest community regardless of fluctuations pushed by occasions just like the memecoin craze and a year-end rally. On common, Ethereum earned $6.79 million every day, solidifying its dominance even amid value challenges.

    Tron, nevertheless, skilled probably the most fast development, with a 116.7% enhance in charge income, reaching $2.15 billion. By the 12 months’s second half, Tron even outpaced Ethereum’s month-to-month earnings, fueled by rising demand for digital belongings.

    Bitcoin’s charge earnings rose 15.9% to $922.89 million, because of the rising recognition of Ordinal NFTs and BRC-20 tokens. In the meantime, Solana noticed a staggering 2,838% leap, incomes $750.65 million as community congestion and elevated exercise pushed charges increased.

    Layer 2 networks additionally gained traction, collectively incomes $294.92 million. Options like Arbitrum, Optimism, and Base outperformed smaller Layer 1 chains, whereas the TON community introduced in $35.28 million, boosted by its integration with Telegram.

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    This surge in charge income displays blockchain’s increasing function in finance and past, with Ethereum main however dealing with rising competitors from different networks and rising Layer 2 options.

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