Ethereum revenue, the share of network fees generated by Ethereum, fell by around 44% in August due to token destruction, even as the price of ETH reached an all-time high.
According to Token Terminal, total revenue exceeded $14.10 million in August, down from $25.60 million in July. The revenue drop comes as ETH is up 240% since April and hit an all-time high of $4,957 on August 24.
It fell from about $49.60 million in July to about $39.70 million in August.
Ethereum revenue fell 44% in August, and network fees fell about 20% month-on-month.
2025-09-07 21:19:59
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