Ethereum Maintains Dominance: Top 10 Blockchains by Revenue in 2024

As of January 10, 2025, the blockchain landscape has seen significant shifts in revenue generation for the year 2024. A recent report outlines the leading blockchains based on their earnings, with Ethereum continuing to assert its dominance in the sector.

  1. Ethereum – $2.0 billion (down 1.7% YoY)
  2. Tron – $2.12 billion (up 34.8%)
  3. Solana – $370 million (up 2,844%)
  4. Base – $77.4 million (up 1,217%)
  5. Linea – $26.5 million (up 306%)
  6. Arbitrum – $22.3 million (up 39.7%)
  7. BNB Chain – $19.2 million (up 8.1%)
  8. Avalanche – $17 million (down 73.7%)
  9. TON – $14.6 million (up 2,499%)
  10. Injective – $14.1 million (up 809%)

According to the latest figures, Ethereum has generated approximately $2 billion, maintaining its position as the top blockchain by revenue despite a slight decline compared to last year. Following closely is Tron, which has impressively surged to $2.12 billion, marking a remarkable increase attributed to its growing popularity and innovative offerings.

Solana has also made headlines with its staggering growth of 2,844%, bringing in revenues of $370 million, while Base and Linea have emerged as significant players in the market with revenues of $77.4 million and $26.5 million, respectively.

The report highlights that both BNB Chain and Avalanche continue to perform steadily, although Avalanche has seen a notable decrease in revenue year-over-year.

At the lower end of the top ten list, TON and Injective have carved out their niches with revenues of $14.6 million and $14.1 million, showcasing their potential for growth within the competitive blockchain ecosystem.

This ranking reflects the dynamic nature of the blockchain industry, where established players are continually challenged by emerging technologies and platforms, setting the stage for an exciting year ahead in 2025 as competition intensifies and innovation accelerates across the sector.