22nd July 2021
Ethereum, Uniswap, Binance Smart Chain and Aave are all defeating Bitcoin by daily fee revenue.
Based on the date from CryptoFees on Sunday .
Bitcoin generated less than $400,000 worth of fees for the day in the past weeks ,while Ethereum is more than $5 million
As such, Ethereum’s daily fees beat out Bitcoin’s by 8.4 times for the past week and by more than 15 times for Sund.
Uniswap v3 ranked second with an average of $1.5 million in daily fees, followed by Binance Smart Chain with $1.2 million, Uniswap v2 with $732,000, Aave with $728,000, and then Bitcoin, with just 12% of Ethereum’s fees
On Wednesday, crypto analyst Lark Davis tweeted data indicating that Ethereum’s daily on-chain settlement value is trending at triple that of Bitcoin, and is more likely to increase the disparity.
Ethereum is also beating out Bitcoin by total transaction count by roughly 500% and has enjoyed brief stints leading BItcoin by transaction volume, trading volume and node count over recent months.