Ethereum Leads Blockchain Fee Revenue in 2024 with $2.48 Billion in Gas Fees

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Ethereum topped all blockchains in fee revenue for 2024, generating $2.48 billion over the year. This strong performance in fees, however, contrasted with ETH’s price, which underperformed expectations during the same period. All in all, Layer 1 and 2 blockchains collectively earned almost $6.9 billion from transaction fees last year. Ethereum Maintains Fee Dominance Despite Dencun Upgrade According to CoinGecko’s latest report , Ethereum’s fee revenue figure witnessed a 3% increase compared to ...