U.In the present day – In response to Lookonchain's newest report, it has surpassed charge revenue by a powerful 100% over the previous 12 months. Its community thus recorded charge revenue of $2.73 billion, probably the most within the business. Bitcoin, in second place, earned $1.3 billion. The highest three is rounded off by Tron Community with practically $460 million.
Different networks additionally contributed to the overall charge revenue. earned $241.3 million, the Binance chain amassed $176.6 million and recorded $68.83 million. Moreover, zkSync Period grossed practically $60 million, Optimism $40.4 million, and Polygon $23.9 million.
As information reveals, Ethereum has a big lead and doubles Bitcoin's income. This result’s attributed to a wider vary of functions and companies on the principle altocin community with increased utilization and transaction charges.
A transparent win?
The Ethereum ecosystem helps decentralized monetary platforms, NFTs and varied functions, all of which contribute to growing transaction quantity and charge revenue. That is what positioned ETH as a extra versatile and extensively used community in comparison with Bitcoin.
In flip, Bitcoin's income, whereas nonetheless exceeding a billion {dollars}, is primarily pushed by its function as a digital retailer of worth and medium of trade. Its transaction charges are affected by community congestion and the worth of BTC itself, which might fluctuate considerably.
Nonetheless, it nonetheless lacks the wide range of functions discovered within the Ethereum ecosystem, leading to decrease total charge revenue.
This text was initially revealed on U.In the present day
