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Analysis Platform Reveals The Top Blockchains By Monthly Revenue

source-logo  coinedition.com 19 April 2023 14:00, UTC

The crypto market analysis and research platform, CryptoRank, recently shared the top 10 blockchains by monthly revenue, which refers to the fees generated for stakeholders. The blockchains included on this list are Ethereum, Tron, Filecoin, Arbitrum, Polygon, BNB Coin, Optimism, Solana, and Helium.

Top 10 blockchains by monthly revenue (Source: CryptoRank)

Ethereum (ETH) currently occupies the top spot on CryptoRank’s list after making $144 million in revenue. At press time, ETH is worth about $2,066.95 after a 1.62% price drop over the last day. However, this has not made much of a dent in ETH’s weekly performance as the altcoin is up by +10% over the last seven days.

Taking up the second position on the list of the top blockchains by monthly revenue is TRON (TRX). TRON made $79.6 million in revenue over the last month, according to CryptoRank.

Currently, TRX is one of the few cryptocurrencies trading in the green. According to CoinMarketCap, TRX is trading hands at $0.06648 after a 0.32% price increase over the last 24 hours. TRX is also still up by more than 3% over the last week.

The crypto that made the third highest revenue over the last month was Filecoin (FIL), with a revenue of $4.7 million. Like ETH, FIL also suffered a loss over the last day, and is now trading at $6.03 after a +2% price decrease.

The last two positions in the top 5 blockchains by monthly revenue are occupied by Arbitrum (ARB) and Polygon (MATIC). These two blockchains’ monthly revenue stands at $3.3 million and $2.1 million respectively. CoinMarketCap indicates that both of these altcoins experienced a price drop of +3% over the last day.

Disclaimer: The views and opinions, as well as all the information shared in this price analysis, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

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