Ethereum is on the prime spot for the very best revenue-making community. The Phoenix Group submitted a report on December 27, 2024, which displayed the fifteen main blockchains by earnings, demonstrating Ethereum’s supremacy on this sphere, having $2B in income.
TOP 15 BLOCKCHAINS BY REVENUE FOR THE LAST YEAR#Ethereum #Tron #Solana #Base #Linea #Arbitrum #BNBChain #Avalanche #Ton #Injective #Scroll #Blast #Optimism #Close to #StarkNet pic.twitter.com/NM6zj0NcOR
— PHOENIX – Crypto Information & Analytics (@pnxgrp) December 27, 2024
Ethereum Dominates with $2 Billion Income
Not surprisingly, Ethereum stays on the prime and, prior to now 12 months, has earned a panoramic $2 billion. From decentralized finance (DeFi) to non-fungible tokens (NFTs), Ethereum has remained the chief of many trendy tasks. These, coupled with different enhancements similar to Ethereum 2.0, make it extra dominant available in the market for much more upgrades.
Tron and Solana Lead the Subsequent Tier
Established platforms similar to Tron and Solana occupy the second and third positions with revenues of $ 567M and $370M, respectively. Stablecoin switch quantity and excessive TPS make Tron the most well-liked, whereas the pace and scalability-centered focus make Solana well-liked with builders and more and more well-liked.
Rising Contenders: Base, Linea, and Arbitrum
A variety of layer-2 options and chains targeted on scalability are making headlines. Layer-2 blockchain Base, developed by Coinbase, attracted $77.4 million for its highly effective begin within the saturated blockchain market. Zk-Rollup Linea by ConsenSys raised $26.5 million, exhibiting rising curiosity within the expertise that makes use of zero-knowledge proof. One other well-known layer-2 answer, Arbitrum, boasted revenues of $22.3 million, primarily on account of stable DeFi efficiency.
BNB Chain and Avalanche: Stable Performers
Main gamers similar to BNB Chain and Avalanche stay regular of their efficiency, bringing in $19.2 million and $17 million, respectively. BNB Chain, supported by Binance, remains to be one of many favourite locations for constructing dApps, whereas Avalanche will get an increasing number of engaging with its subnet design.
Ton, Injective, and Scroll Acquire Momentum
For the mid-tier income class, the highest gainer is Ton at $14.5 million, adopted by Injective at $14.1 million, and Scroll at $13.7 million. Ton, earlier tied to Telegram, is now within the strategy of discovering its place inside Web3 communication platforms. Because of the emphasis on functions of Decentralised Finance, merchants have discovered Injective to be one in every of their selections. However, Scroll, a zk-rollup based mostly on Ethereum, might be seen as the expansion of layer-2 options.
Blast, Optimism, Close to, and StarkNet Spherical Out the Record
Finishing the checklist of prime fifteen tasks are Blast, which has raised $12.3 million; Optimism, with $12.2 million; Close to, with $7.4 million; and StarkNet, which has made $6.5 million. Blast, which is understood to be related to high-speed transactions, has been slowly making a reputation for itself among the many builders. The fixed rise of Optimism as one Ethereum scaling answer reveals how vital its position is in lowering transaction prices. Close to’s easy and decentralized UI and StarkNet as zk-rollup proof the expansion of the position of each within the sphere of the blockchain.
The Blockchain Business in 2024: A Aggressive Panorama
The present 12 months’s income rankings present the business’s difficult and continuously shifting atmosphere. Immediately, Ethereum is arguably the largest competitor, however the competitors is slowly closing on account of developments in scalability, usability, and even community development methods. This was accompanied by the emergence of latest gamers within the house and modifications in established networks, and 2025 appears to deliver much more development and competitors.
