Ethereum Network Accounted for Over 90% of Layer 1 Revenues in Q3 — Study – Blockchain Bitcoin News
November 21, 2023
According to a Messari report, the Ethereum network’s revenues constituted more than 90% of the $491.5 million generated by layer 1 chains in Q3. The data also shows that in the period in question, the Aptos network’s revenues were 160% higher than in the preceding quarter.
Ethereum Still Dominates
While the third quarter (Q3) revenue of the Ethereum network fell by 47.3% quarter-on-quarter…