Ethereum Is Still the Leader in Value-producing Apps

Ethereum still has the biggest number of fee-producing apps, which also draw in a steady inflow of users. Although apps don’t share their revenues, they are still a reason for the chain to exist due to significant demand. 

Ethereum is still the best chain based on the number of top apps on it. The apps do not share all their fees with validators, but they still serve to generate a high baseline level of traffic and active wallets. Indirectly, apps also draw in liquidity in the form of tokens, stablecoins, NFT, or other payment tools. 

As of September 2024, Ethereum still has the biggest list of top apps, with a high financial turnover. Based on DappRadar data, Ethereum carries a total of 4,771 apps, with value concentrated in a handful of big liquidity hubs.

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