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📊On-Chain Revenue Rankings: ETH Remains in First Place, Public Chain Competition Is Diverging
Latest data shows that in the past 7 days, only 9 public chains have transaction fee revenue exceeding $100k, and only 5 public chains have surpassed $1 million in revenue, with the leading effect becoming more pronounced.
The specific rankings are as follows:
1️⃣ Ethereum: approximately $10.81 million
2️⃣ Tron: approximately $7.15 million
3️⃣ Solana: approximately $3.43 million
4️⃣ BNB Chain: approximately $2.48 million
5️⃣ Bitcoin: approximately $1.42 million
6️⃣ Near Protocol: approximately $858.5k
7️⃣ Base: approximately $723.5k
8️⃣ Polygon: approximately $448.9k
9️⃣ Arbitrum: approximately $163.3k
From the data, it is clear that Ethereum still firmly holds the core position in capturing on-chain value, while high-activity networks like Tron and Solana follow closely behind.
In the crypto world, true competition has never been about "who has the loudest voice," but about who can consistently generate real revenue.
Transaction fees, in essence, are the price users are willing to pay for network value.
The market will keep telling new stories, but in the long run, it is always the networks that are truly used that remain. 🚀