CandleFocus Ethereum Leads the Pack: Top 15 Blockchains by Revenue in 2024
2024-12-29
Author: Content Editor
The Phoenix Group has released a report showing the top fifteen blockchain networks by revenue, with Ethereum at the top spot earning $2 billion in the past year. Ethereum's dominance in the market is attributed to its role in decentralized finance (DeFi) and non-fungible tokens (NFTs), as well as improvements such as Ethereum 2.0. Tron and Solana follow in the second and third positions, earning $567 million and $370 million respectively. Other notable blockchain projects include Base, Linea, Arbitrum, BNB Chain, Avalanche, Ton, Injective, Scroll, Blast, Optimism, Near, and StarkNet. The report highlights the constant growth and competition in the industry, with new players emerging and established networks evolving.
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