Ethereum Network Generated $370M in Profit in Q1, as ETH Reclaims $3K

2024-04-19 19:19:00 Views

It may sound counter-intuitive that a decentralized network can generate a profit, but that is exactly what Ethereum has done so far this year.

According to an April 18 Token Terminal report, the Ethereum blockchain generated a $369 million profit in the first quarter of 2024.

If this level of profit is sustained, the blockchain could generate around $1.5 billion for the year.

　　Disclaimer: Includes third-party opinions. No financial advice. See Risk Warning.
　　

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