The recent data from Phoenix Group reveals that Tron has emerged as the top blockchain in revenue, generating $205.63 million last month. Tron's monthly revenue matches its collected fees, indicating a strong user base that actively contributes to its revenue model. However, Ethereum maintains its status as the largest blockchain by market cap, valued at $384.14 billion. Ethereum's extensive ecosystem, supporting a wide range of dApps and DeFi protocols, contributes to its consistent returns. Solana stands out with the highest number of daily users, reflecting its appeal in areas requiring high throughput and low fees. Base and TON are also gaining traction, while Optimism and BNB Chain present steady performance metrics. Arbitrum and Avalanche capture niche user bases, focusing on scaling Ethereum applications and supporting DeFi and gaming ecosystems, respectively. These metrics highlight the diversity and unique strengths of each blockchain within the evolving blockchain sector.
- Content Editor ( blockchainreporter.net )
- 2024-11-12
Tron Leads in Revenue, Ethereum Dominates Market Cap