U.As we speak – has surpassed in charge earnings over the previous yr by an epic 100%, based on the most recent report from Lookonchain. Thus, its community has recorded $2.73 billion in charge earnings, essentially the most within the trade. Bitcoin, in second place, generated $1.3 billion. Closing the highest three is Tron Community, with virtually $460 million.
Different networks additionally contributed to the general charge earnings panorama. generated $241.3 million, Binance’s chain amassed $176.6 million and recorded $68.83 million. Moreover, the zkSync Period earned almost $60 million, Optimism $40.4 million and Polygon $23.9 million.
As the information highlights, Ethereum has a major lead, doubling Bitcoin’s income. This result’s attributed to a broader vary of functions and providers on the community of the principle altocin, with larger utilization and transaction charges in consequence.
Positive win?
Ethereum’s ecosystem helps decentralized finance platforms, NFTs and numerous functions, all of which contribute to elevated transaction quantity and charge earnings. That is what has positioned ETH as a extra versatile and extensively used community in comparison with Bitcoin.
In return, Bitcoin’s income, whereas nonetheless over 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 value of BTC itself, which might fluctuate considerably.
Nonetheless, it nonetheless lacks the intensive vary of functions discovered within the Ethereum ecosystem, leading to decrease general charge earnings.
