• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Ethereum Leads Blockchain Revenue Growth in 2024

user avatar

by Giorgi Kostiuk

a year ago

The Phoenix Group's report from December 27, 2024, confirmed that Ethereum remains the leading blockchain network by revenue, generating $2 billion.

Ethereum's Dominance

Ethereum once again asserted its dominance in the blockchain sector, earning $2 billion over the past year. This is driven by factors like the advancement of DeFi and NFTs. Innovations such as Ethereum 2.0 further fuel its market leadership.

Tron and Solana Lead

Tron and Solana are in the second and third positions with revenues of $567 million and $370 million respectively. Tron's popularity is driven by stablecoin transfer volume and high throughput, while Solana attracts developers with its focus on speed and scalability.

Emerging Contenders: Base, Linea, and Arbitrum

Layer-2 solutions like Base, developed by Coinbase, are rising in standings with a revenue of $77.4 million. Zk-Rollup Linea by ConsenSys raised $26.5 million, while Arbitrum reported $22.3 million, largely due to strong DeFi performance.

The competition in the blockchain industry intensifies; Ethereum continues to lead but the emerging projects are reshaping the landscape and contributing to growth and complexity of the market in 2025.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Solana Experiences Significant Outflows Amid Market Uncertainty

chest

Solana experiences significant outflows amid market uncertainty, with over 1 million SOL leaving centralized exchanges in a 72-hour period.

user avatarLi Weicheng

Solana Faces Critical Support and Resistance Levels

chest

Analysts highlight Solana's struggle between fragile support and overhead resistance, with critical levels identified. Currently, Solana is consolidating around the $83-$87 area, which is viewed as critical short-term support.

user avatarAisha Farooq

Robinhood Reports Fourth Quarter Revenue of $128 Billion

chest

Robinhood reported fourth quarter revenue of $128 billion, a 27% year-over-year increase, but net income fell 33% to $605 million, leading to a 6.5% drop in stock price.

user avatarTenzin Dorje

Robinhood Expands Prediction Markets Amid NFL Season

chest

Robinhood has expanded its prediction market offerings to allow customers to make parlay-like bets, capitalizing on the surge in gambling during the NFL postseason.

user avatarBayarjavkhlan Ganbaatar

Bitmine Immersion Boosts Ethereum Holdings Amid Market Volatility

chest

Despite market volatility, institutional investors like Bitmine Immersion are increasing their Ethereum holdings.

user avatarElias Mukuru

XRP's Long-Term Outlook Remains Bullish Despite Short-Term Pain

chest

Diana connects XRP's current pullback to a larger cup-and-handle formation, suggesting a bullish continuation.

user avatarMohamed Farouk

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.