Based on a current report by Lookonchain, Ethereum has turn out to be the main blockchain community by way of price income, producing a staggering $2.72 billion in income final yr.
This determine put Ethereum forward of Bitcoin, which ranked second with $1.30 billion in price earnings. Tron Community adopted in third place with $459.39 million.
Different notable networks embrace Solana at $241.29 million, BSC at $176.56 million, Avalanche at $68.83 million, zkSync Period at $59.77 million, Optimism at $40.4 million, and Polygon at $23.91 million.
The Ethereum ecosystem is at the moment experiencing a interval of great progress, with Layer-2 exercise reaching all-time highs. Layer-2 options designed to extend Ethereum’s scalability are seeing unprecedented utilization primarily based on on-chain indicators. Ethereum co-founder Vitalik Buterin lately expressed his admiration for the speedy progress of Ethereum L2 options corresponding to Optimism and Base.
In one other improvement, this yr the Ethereum community reported its lowest common charges since 2016.
*This isn’t funding recommendation.