💰 Ethereum Dominates dApp Revenue in Q1 2025 — Clearing Over $1 Billion
Ethereum just reminded everyone who's boss in Web3. In Q1 2025 alone, Ethereum-based dApps generated over $1.014 billion in fees — more than 5x its nearest competitor.
🏆 Why Ethereum Still Reigns Supreme
Even with fast-growing Layer 2s and new chains popping up everywhere, Ethereum isn’t budging from the top. Here’s how the Q1 revenue leaderboard looked:
- Ethereum — $1.014 billion
- Base (Coinbase’s L2) — $193 million
- BNB Chain — $170 million
- Arbitrum — $73.8 million
- Avalanche C-Chain — $27.68 million
That’s not just dominance — that’s a landslide.
🔍 What’s Behind Ethereum’s Massive Lead?
It comes down to three things:
- 🛠️ Battle-tested infrastructure: Ethereum’s ecosystem has been built and refined for years
- 👨💻 Massive developer community: Still the go-to for builders in DeFi, NFTs, and beyond
- 🔐 Trust + security: Ethereum is where the big money and serious projects feel safe to launch
Other chains are catching up in UX and speed, but Ethereum still owns the high-value use cases.
📈 What This Means for Ethereum’s Future
Sure, Layer 2s like Base and Arbitrum are rising fast — and that’s good for scaling.
But in terms of revenue, reach, and developer mindshare, Ethereum remains the backbone of dApp activity.
Its dominance suggests:
- Continued developer loyalty
- More institutional adoption
- Stronger network effects that keep reinforcing its lead
🔮 TL;DR: Ethereum Is Still the King of dApps
- Ethereum dApps made $1B+ in Q1 2025 — no one else came close
- Competitors are growing, but not catching up (yet)
- Ethereum’s infrastructure + trust = unbeatable combo
- The chain of choice for serious Web3 builders and DeFi giants
For now? Ethereum’s throne looks secure.