By Q1 2025, Ethereum dApp fee revenue will exceed $1 billion, ranking first According to Token Terminal data, Ethereum continues to maintain a leading position in decentralized application (dApp) platforms, with dApp fee revenue reaching $1.014 billion in the first quarter of 2025. Ranked second is Coinbase's Layer2 network Base, with dApp fee revenue of $193 million, indicating some growth, but still lagging behind Ethereum. The dApp fee income of BNB Chain is $170 million, and the Arbitrum ecosystem fee income is $73.8 million. Avalanche's C-Chain ranks among the top five, with a dApp fee revenue of $27.68 million.