🚀 Ethereum is crushing it! Despite other blockchains promising lower fees and faster transactions, Ethereum's dominance is unwavering. It's even outpaced Bitcoin in 1-year fee revenue, raking in a cool $2.728 billion!💰

Bitcoin trails in second place with $1.3 billion, while Tron, Solana, and Binance Smart Chain round out the top five. Other notable mentions include Avalanche, zkSync Era, and Optimism.

Ethereum also reigns supreme in the smart contract platform space, claiming a whopping 62% of the $695 billion market cap. It's also a powerhouse in revenue generation, accounting for 70% of all income among Layer 1 blockchains.

And let's not forget DeFi! Ethereum's DeFi TVL has doubled since the start of the year, securing its dominant position in the industry.

What do you think about Ethereum's performance? Let's chat in the comments!👇 #Ethereum #DeFi #Layer1