Tron adopted carefully, incomes $2.15 billion in charges—a staggering 116.7% bounce from $922 million in 2023. Tron’s surge was fueled by rising stablecoin utilization, with payment earnings peaking at $342 million in December 2024.
Bitcoin got here third, with $922 million in charges pushed by Ordinal NFTs, BRC-20 tokens, and Bitcoin-based apps.
Solana posted probably the most exceptional development, with a 2,838% rise in payment earnings to $750.65 million. Its share of decentralized alternate buying and selling climbed previous 30% in This autumn. The community additionally set a brand new payment file on January 20, spurred by curiosity in TRUMP and MELANIA coins.
Layer 1 blockchains dominated the scene, accounting for $6.6 billion in charges. Nevertheless, layer 2 options like Base, Arbitrum, and Optimism additionally made their mark. Layer 2 networks collectively earned $294.92 million in charges, with Base main at $84.78 million due to its Coinbase integration.
Because the blockchain sector grows, Ethereum, Tron, and Solana proceed to form its financial panorama, setting the stage for additional developments in 2025.