A Golden Finance report, according to Token Terminal data, ETH Layer 1 revenue has plummeted sharply, dropping 99% since March 2024. On March 5th, network revenue reached a peak of over 35 million dollars. However, on September 2nd, daily revenue had fallen to around 200,000 dollars, hitting the lowest point of annual daily revenue. BTC investor Fred Krueger pointed out that Ethereum's current daily revenue of 200,000 dollars is equivalent to 73 million dollars per year, far from enough to sustain its $300 billion market cap.
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A receita diária do Ethereum Layer 1 caiu para 20 mil dólares, uma queda de 99% em seis meses
A Golden Finance report, according to Token Terminal data, ETH Layer 1 revenue has plummeted sharply, dropping 99% since March 2024. On March 5th, network revenue reached a peak of over 35 million dollars. However, on September 2nd, daily revenue had fallen to around 200,000 dollars, hitting the lowest point of annual daily revenue. BTC investor Fred Krueger pointed out that Ethereum's current daily revenue of 200,000 dollars is equivalent to 73 million dollars per year, far from enough to sustain its $300 billion market cap.