🚀 Ethereum's decentralized network is raking in the dough, folks! 💰 Q1 2024 saw a whopping $369M profit. If this keeps up, we're looking at a cool $1.5B by year's end.

How's it making bank? Simple:

- Network fees (aka gas for transactions)

- ETH burned per transaction, reducing supply and boosting value for existing holders

- New ETH issued to network validators and stakers

Despite a recent dip below $3K, ETH is bouncing back, currently around $3.1K. It's down from its 2024 peak, but hey, the market's a rollercoaster, right? 🎢

What's your take on Ethereum's profitability? Let's chat below! #Ethereum #DeFi #Web3