In the first quarter of 2025, Ethereum solidified its position as a leader in the decentralized application (DApp) platform sector by generating $1.021 billion in fee revenue. While other networks like Base (Coinbase’s Layer-2), BNB Chain, Arbitrum, and Avalanche C-Chain also saw significant revenue growth, they were still trailing behind Ethereum.

Based on data from Token Terminal, Ethereum maintained its dominance among DApp platforms with its fee revenue hitting $1.021 billion in Q1 2025, showcasing its strong growth within the DApp ecosystem. The revenue landscape among blockchains also highlighted Base as the second-ranking network with $193 million in DApp fee revenue, followed by BNB Chain, Arbitrum, and Avalanche C-Chain.

DApp fee revenue serves as a vital metric for measuring a blockchain’s activity and user value. Ethereum's popular DApps include DeFi protocols like Uniswap and Aave, NFT platforms like OpenSea, blockchain games, and social applications. Despite competition and high transaction costs on the mainnet, the growth in Ethereum’s DApp fee revenue signals sustained demand for these applications.

Ethereum's leadership in DApp fee revenue can be attributed to factors such as being the first blockchain to support smart contracts, its high security and reliability, and the thriving DeFi ecosystem driving fee revenue. While Ethereum continues to lead, other networks like Base, BNB Chain, Arbitrum, and Avalanche C-Chain are also experiencing significant growth in their DApp fee revenues as they compete with Ethereum in the DApp platform sector.