Part 8/14:
Technical and Chain Performance Highlights
Ethereum's Revenue Success
Ethereum has achieved a remarkable milestone, generating $10 billion in revenue from fees—faster than most tech giants besides Google. This underscores Ethereum's dominant position as a software platform, despite the expense associated with its network.
Altcoin and Layer Technology Performance
Solana experienced an 88% increase in Total Value Locked (TVL) over the past week, showcasing heightened network usage.
Only Binance Smart Chain (BSC) recorded an uptick for the week among layer-1 chains, although from a low base.
Chainlink emerged as the top performer among oracles, followed by Binance and Render.