CDS Crypto News ETH Crypto’s Q1 2024 Report Proves Adoption Growth
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ETH Crypto’s Q1 2024 Report Proves Adoption Growth

ETH crypto adoption has increased compared to last year.

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ETH Crypto's Q1 2024 Report Proves Adoption Growth

Crypto News – The Q1 2024 data from Ethereum shows massive network utilization.

ETH Crypto’s Q1 2024 Report Proves Adoption Growth

The Q1 2024 financial report for Ethereum (ETH) was shared via tweet by the analytical platform Coin98 analytics. Ethereum has generated $1.17 billion in commission income, up 155% from the first quarter of 2023, according to the report.

Although the commission’s costs came to about $666 million, the company’s net profits were $1 billion. Not only did the network’s daily active user count rise to over 404,000, but its daily transaction volume also exceeded 1.18 million. The first quarter of 2024 saw the minting of nearly 4.8 million NFTs on Ethereum, according to Coin98 Analytics. These data demonstrated the widespread acceptance of Ethereum in the first quarter of 2024. 

ETH Crypto's Q1 2024 Report Proves Adoption Growth
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Lectertodd is 27 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

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