The Ethereum blockchain ranks first in annual revenue, ahead of all major blockchains. According to Lookonchain, Ethereum generated annual revenue of $2.72 billion, surpassing the Bitcoin network by $1.42 billion. Bitcoin accumulated $1.3 billion in revenue over the same period. 😮

The second-largest cryptocurrency network, ETH, recorded a 155% year-on-year increase in its fee income in the first quarter of this year. Tron came in third with annual revenue of $459 million.

It is worth noting that Tron is the second largest chain in the decentralized finance (defi) space with a total value locked (TVL) of $7.7 billion.