Over the past seven days, the public blockchain market has seen a sharp divergence in transaction fee revenue, with only 11 networks hitting the $100,000+ threshold in fees – a number that highlights the increasingly fierce competition between Layer-1 and Layer-2 ecosystems.
Data from on-chain analytics platform Nansen shows that TRON continues to hold the number one position, earning about $6.16 million in fees over the past week. This is consistent with the network's strong growth trend in the fields of cross-border payments and stablecoins. TRON is still maintaining its dominance in USDT volume , especially in the context of many countries tightening the legal corridor for cryptocurrencies, increasing the demand for fast, cheap and stable money transfers.
Ethereum came in second with $3.87 million, continuing to prove Vai as the “foundational infrastructure” for DeFi and Non-Fungible Token despite significant fee reductions thanks to Second-Layer Solutions. Solana reached $2.94 million, solidifying its position after a series of weeks with the highest DEX volume in the market. BNB Chain collected $2.65 million, continuing to stabilize at the top thanks to its large community and significant mainstream user base. Bitcoin was next with around $1.78 million in transaction fees as BRC-20 activity and inscriptions saw a slight recovery.
Notably, Base Network – a Layer-2 network developed by Coinbase – also surpassed the $1.13 million mark in fees, showing record growth in new users in recent weeks. The explosion of on-chain applications and the “national” memecoin on Base has created a wave of dense transactions, leading to a sharp increase in fee revenue.
