🚀Crypto enthusiasts, buckle up! Ethereum is leading the pack, generating the most fees among the top 20 protocols over the past 30 days, raking in around $180 million, according to data from Token Terminal. 📊

Ethereum is leaving other blockchains in the dust, with layer-1 chains and DeFi protocols trailing behind. The only layer-2 blockchain in the top 20, the Coinbase blockchain Base, generated the least amount of fees for the period at $6 million. 🎢

The report also highlighted that Ethereum, Tron, Bitcoin, and Lido were the only ones to generate over $100 million in fees over the past 30 days. Among decentralized exchanges, Uniswap DAO led in fees, while MakerDAO and Ethena dominated the decentralized stablecoin issuers category. 🏆

Ethereum's profitability is attributed to the network's revenue from transaction fee burns and relatively low token incentives to validators. Bitcoin, on the other hand, generates zero revenue for BTC holders but pays substantial token incentives to miners. 💰

In other news, the Ethereum ecosystem could see a major boost in adoption and growth if spot Ether ETFs are launched next month. This could potentially classify the asset as a commodity, which could also be the case for other altcoins. 🚀

Lastly, Token Terminal advises investors to keep an eye on fees for early-stage protocols that haven't started to monetize yet. Stay tuned for more updates! 📈