Ethereum's Pure Revenue Reaches $1.2 Billion as More Use Cases Appear on Chain

$ETH $AVAX and NFT marketplaces like OpenSea are among the highest revenue-generating blockchain protocols

blockchain has reached $1.2 billion, according to data provided by token_terminal. Other chains have also shown an increase in their revenue in 2021 with the help of Web3 technology.

OpenSea and LooksRare NFT exchange platforms have also entered the top as the most profitable protocols based on blockchain technology. The revenue of a chain or a protocol is a share of fees that are being sent to the protocol's treasury, which could act as a private and public wallet or smart contract.

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