The post Top 15 Blockchains by Revenue in 2024 appeared on BitcoinEthereumNews.com.

Ethereum is at the top spot for the highest revenue-making network. The Phoenix Group submitted a report on December 27, 2024, which displayed the fifteen leading blockchains by earnings, demonstrating Ethereum’s supremacy in this sphere, having $2B in revenue. Ethereum Dominates with $2 Billion Revenue Not surprisingly, Ethereum remains at the top and, in the past year, has earned a breathtaking $2 billion. From decentralized finance (DeFi) to non-fungible tokens (NFTs), Ethereum has remained the leader of many modern projects. These, coupled with other improvements such as Ethereum 2.0, make it more dominant in the market for even more upgrades. Tron and Solana Lead the Next Tier Established platforms such as Tron and Solana occupy the second and third positions with revenues of $ 567M and $370M, respectively. Stablecoin transfer volume and high TPS make Tron the most popular, while the speed and scalability-centered focus make Solana popular with developers and increasingly popular. Emerging Contenders: Base, Linea, and Arbitrum A number of layer-2 solutions and chains focused on scalability are making headlines. Layer-2 blockchain Base, developed by Coinbase, attracted $77.4 million for its powerful start in the saturated blockchain market. Zk-Rollup Linea by ConsenSys raised $26.5 million, showing rising interest in the technology that uses zero-knowledge proof. Another well-known layer-2 solution, Arbitrum, boasted revenues of $22.3 million, mainly due to solid DeFi performance. BNB Chain and Avalanche: Solid Performers Major players such as BNB Chain and Avalanche remain steady in their performance, bringing in $19.2 million and $17 million, respectively. BNB Chain, supported by Binance, is still one of the favorite destinations for building dApps, while Avalanche gets more and more attractive with its subnet design. Ton, Injective, and Scroll Gain Momentum For the mid-tier revenue category, the top gainer is Ton at $14.5 million, followed by Injective at $14.1…

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Filed under: News - @ December 29, 2024 1:24 pm