Blockchain Fee Earnings Break $6.89B in 2024: Ethereum, Tron, and Bitcoin Shine

Ethereum led blockchain fee earnings in 2024 with $2.48 billion despite price challenges. Tron saw the highest growth in fees, rising 116.7% to $2.15 billion in 2024. Layer 2 blockchains like Arbitrum and Optimism are growing, surpassing some Layer 1 networks. Blockchain networks generated huge revenue through transaction fees in 2024, with Ethereum taking the lead, followed by Tron and Bitcoin. The total transaction fee earnings across Layer 1 and Layer 2 blockchains reached more than $6.89 billion, with Ethereum leading the pack with a margin. Ethereum remained the top blockchain by fees earned in 2024, bringing in $2.48 billion from gas fees. Our latest study reveals that @ethereum earned the most fees among all blockchains in 2024, generating an annual total of $2.48B from gas fees. @trondao followed with $2.15B, and #Bitcoin earned $922.89M in gas fees. Read the full study: https://t.co/GcO1HSApPS pic.twitter.com/t9MYjbHBvN — CoinGecko (@coingecko) January 21, 2025 The network saw fluctuations in fee earnings month-to-month, ranging from $62.82 million to $606.77 million. These peaks and declines in earnings were driven by periods of high network a… The post Blockchain Fee Earnings Break $6.89B in 2024: Ethereum, Tron, and Bitcoin Shine appeared first on Coin Edition .