A side-by-side analysis of 10 blockchain networks — Ethereum, Solana, Tron, BSC, Arbitrum, Base, Polygon, Hyperliquid L1, Plasma, and Canton — tracking chain revenue (sequencer/validator earnings), total fees paid by users, and transaction throughput. Use this dashboard to benchmark chain monetization efficiency and activity trends.

Chain Comparison: Revenue & Transactions

Chain Revenue Comparison (Weekly)

Chain Fees Comparison (Weekly)

**Chain Revenue** = what validators/sequencers/stakers actually earn after any burns. **Chain Fees** = total user spend. The gap between them reveals each network's economic design:

- **Ethereum** burns a significant share of base fees (EIP-1559) — revenue runs well below fees, making ETH deflationary during high-activity periods
- **Tron** passes most fees to validators — revenue closely tracks fees, with minimal burn
- **Hyperliquid L1** routes sequencer revenue to its HLP vault and token stakers, making it a direct revenue-sharing chain
- **Arbitrum & Base** (L2s) earn sequencer profit on the spread between L1 data-posting costs and fees collected from users
- **BSC** uses low fees to maximize throughput — high transaction volume compensates for thin per-tx margins
- **Solana** prioritizes near-zero base fees, with priority fees increasingly driving revenue during high-demand periods
- **Canton** is focused on institutional DeFi (Digital Asset participants); on-chain activity reflects permissioned network usage
- **Plasma** is optimized for high-throughput payments with growing transaction counts

📊 Revenue vs. Fees: Understanding the Spread

Daily transaction counts reveal which chains are winning on raw activity. Note: Canton and Hyperliquid L1 transaction data is not available in this view.

Transaction Throughput by Chain

Daily Transactions by Chain

Individual chain revenue time series. Pair each with the chain fees chart above to assess burn/distribution mechanics.

Per-Chain Revenue Trends

A real-time breakdown of on-chain fee generation, sequencer/validator revenue, and transaction activity across all major blockchains. Chain fees = gross gas/tx fees paid by users. Chain revenue = what the protocol actually retains. Data as of June 11, 2026.

Chain Revenue & Transactions Dashboard

Top Chains by Chain Fees

Top Chains by Chain Revenue

The chain fee rankings reveal a surprising hierarchy. **Canton** ($60.7M, 30d) leads — the Goldman Sachs/DTCC-affiliated institutional settlement chain, where transaction fees reflect high-value regulated financial transactions. **Tron** ($31.3M, +3% MoM) holds steady at #2, driven entirely by USDT transfer volume — and uniquely, Tron converts 100% of fees into chain revenue.

**Ethereum** ($13.5M, -54% MoM) has seen a sharp decline, reflecting post-Dencun blob fee compression and continued user migration to rollups. Yet Ethereum's *app ecosystem* still generates $200M in 30d app fees — the gap between chain fees and app fees is the widest of any blockchain. **Solana** ($12.5M, -17% MoM) follows a similar pattern.

**The standout movers**: Base is up **+103% MoM** ($5.5M) — Coinbase's L2 retains ~99.8% of its sequencer fees and is accelerating. **Hyperliquid L1** surged **+430% MoM** ($1.2M), driven by explosive derivatives trading volume. Revenue retention varies dramatically: Ethereum keeps only ~29% of gross fees (validators take the rest); Solana retains ~13%; but Tron, Base, Canton, and Hyperliquid all keep near 100%.

📊 Revenue Landscape — June 2026

Chain revenue strips out the validator/miner share and shows what the protocol itself retains. **Ethereum** revenue ($3.9M, 30d) is just 29% of its gross fees — EIP-1559 burns the base fee but validators capture priority fees. **Solana** retains only ~13% ($1.6M). **Base** retains nearly all sequencer revenue ($5.5M ≈ fees), flowing entirely to Coinbase. **Hyperliquid L1** keeps 100% of its fees ($1.2M), making it the most capital-efficient L1 among fast-growing chains.

Chain Revenue: What Protocols Actually Keep

Transaction counts tell a different story from fee revenue. High-throughput chains like Solana and BSC process orders of magnitude more transactions than Ethereum mainnet — but at far lower per-tx costs. Ethereum's lower tx volume commands premium fees per transaction, while L2s like Base are rapidly closing the throughput gap.

Transaction Volume

Real-time daily transaction rankings across the top on-chain networks. Solana dominates with **~79.7M txns/day avg** — over **5× the nearest competitor** (BSC at ~15.8M). The Move VM ecosystem (Aptos + Sui) combined rivals Tron and Base, reflecting the rise of high-throughput non-EVM chains. Plasma is included as a rising entrant.

| Rank | Chain | Avg Daily Txns (30d) | Latest Daily | Peak (30d) |
|------|-------|---------------------|--------------|------------|
| 1 | Solana | 79.7M | 87.8M | 94.9M |
| 2 | BSC | 15.8M | 19.8M | 19.8M |
| 3 | Aptos | 14.8M | 16.5M | 18.8M |
| 4 | Sui | 13.6M | 16.1M | 26.5M |
| 5 | Tron | 12.7M | 14.3M | 14.3M |
| 6 | Base | 10.6M | 12.3M | 20.8M |
| 7 | Polygon | 7.3M | 7.3M | 9.7M |
| 8 | Stellar | 4.0M | 3.8M | 4.4M |
| 9 | TON | 3.2M | 3.1M | 5.4M |
| 10 | Monad | 2.7M | 3.0M | 4.3M |
| + | Plasma | 550K | 533K | 815K |

Transactions Per Chain — Global Throughput Dashboard

**Plasma** posts ~550K txns/day on a 30-day average, placing it well outside the current top 10 but showing consistent upward momentum — peaking at **815K txns** in early June. Its trajectory is organic rather than spike-driven, suggesting real user growth rather than bot activity. Watch for catalysts (ecosystem launches, incentive campaigns) that could accelerate it toward the Monad tier (~2.7M/day).

Plasma — Emerging Entrant

Daily Transactions — All Chains (Top 10 + Plasma)

Each chain’s transaction history tells a different story. Solana’s volume is self-sustaining via DeFi and consumer apps. BSC and Tron are USDT-transfer and gaming-driven. Aptos and Sui reflect Move VM adoption. Base is Coinbase’s L2 flywheel. Monad is still early but growing fast off mainnet launch momentum.

Individual Chain Throughput Trends

Build a chain revenue and transactions dashboard showing revenue and transactions per chain, make sure to add plasma, canton, arbitrum, solana, ethereum, tron, base, bsc, Hyperliquid L1, polygon.

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