The post Ethereum Leads Blockchain Fee Earnings Despite Cost-Cutting Upgrade appeared first on Coinpedia Fintech News
Ethereum remained the top-earning blockchain in 2024, collecting $2.48 billion in fees, a 3% increase from 2023, despite the cost-reducing Dencun upgrade in March. The upgrade lowered Layer 2 transaction fees, yet Ethereum’s mainnet revenue remained resilient. Tron followed with $2.15 billion, while Bitcoin earned $922 million. Ethereum’s highest-earning quarter was Q1 2024, driven by …
