🚨NEWS IN: ETHEREUM SECURES SECOND PLACE IN DAILY REVENUE RACE🔥🔥🔥
On October 12th, according to data from DefiLlama, $ETH demonstrated its formidable earning power, generating an impressive $9.89 million in network revenue within a single 24-hour period. This robust financial performance has propelled it to a dominant position, surpassing Circle's $7.83 million and securing the number two spot in the daily revenue rankings.
The only entity to outperform Ethereum was the stablecoin giant Tether, which posted $22.8 million. This achievement underscores Ethereum's unparalleled activity and utility within the decentralized ecosystem. As the foundational layer for countless DeFi, NFT, and other dApp transactions, this revenue milestone is a powerful testament to its enduring value and critical role in the digital economy.
NOT financial advice, DYOR. #Follow4more
Source: Lookonchain