๐Ÿš€ Ethereum is crushing it! Leading the pack in fee generation with a whopping $180M in the past 30 days, according to Token Terminal. ๐Ÿ“Š

- Out of the top 20, only 5 are L1 blockchains and 1 is L2. The rest? All DeFi protocols.

- Ethereum, Tron, Bitcoin, and Lido are the only ones generating over $100M in fees.

- Uniswap DAO is the king of decentralized exchanges, while Aave rules the lending category.

Ethereum's success is due to its high take rate (around 80%) and revenue from transaction fee burns. Plus, it pays relatively low token incentives to validators. ๐ŸŽ‰

And guess what? The Ethereum ecosystem could get a major boost if spot Ether ETFs launch next month. This could pave the way for other altcoins too! ๐Ÿ’ช

What do you think about Ethereum's dominance? Let's chat in the comments! #DeFi #Ethereum #CryptoFees