Ethereum fee earnings rise in 2024 despite cost-saving Dencun upgrade: CoinGecko
The Ethereum blockchain’s earnings from fees saw a 3% year-on-year rise from 2023 to 2024 despite the Dencun upgrade early last year, which reduced network fees.
Ethereum was the highest-earning blockchain last year, earning more in fees compared to 2023 despite an upgrade in March that reduced costs on the network.
Ethereum collected $2.48 billion in fees over 2024, the most of any blockchain, followed by Tron, which brought in $2.15 billion. Bitcoin (BTC) came in third place, earning $922 million, according to a Jan. 21 CoinGecko report.
Ethereum’s fee earnings last year were a 3% bump from the $2.41 billion earned in 2023.
Go to Source
Author: Stephen Katte
