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In 2024, Ethereum charges $2.48 billion, the most of all blockchains, followed by Tron with $2.15 billion. According to a report by CoinGecko on January 21, Bitcoin is in third place with $922 million. Ethereum's fee revenue last year increased by 3% compared to $2.41 billion in 2023. Lim Yu Qian, research analyst at CoinGecko, wrote: "This shows that while the Dencun upgrade in March 2024 has reduced L2 transaction costs, users are migrating from the L1 chain to their L2 extensions.
Bitcoin broke through the $100,000 mark for the first time last week, before easing back from recent gains. XTB's Kathleen Brooks said in a report that Bitcoin's fall below the $100,000 mark highlights "the risks and unpredictability of cryptocurrencies". Bitcoin's recent sharp appreciation follows Trump's victory in the US Presidential Election, which boosted the industry in hopes of more crypto-friendly regulation from Trump.
On August 7th, the picture shows the Asia-Pacific market stock market index. Today, Shinichi Uchida, deputy governor of the Bank of Japan, said for the first time after "Black Monday" that the Bank of Japan will not raise interest rates if the market is unstable. The remarks calmed uneasy investors. Asian stocks also rebounded, and the Nikkei 225 index rose by 3%.
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