# Which Blockchains Actually Make Money?

*Author: Bankless*
*Published: Jul 31, 2024*
*Source: https://www.bankless.com/de/which-blockchains-actually-make-money-2*

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Which Blockchains Actually Make Money?
    
  

  
  Published on July 31, 2024

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      NEED TO KNOW
    
    
  
  
    
Trump's Crypto Haul
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/07/Group-14--81-.png)](https://www.bankless.com/dashboard)- 🇺🇸 **Trump Campaign Scores Millions from Crypto Donors.** Trump banked over $21 million in donations from crypto donors tied to his Bitcoin 2024 appearance.
[*Read more on Bankless.com*](https://www.bankless.com/trump-campaign-scores-millions-from-crypto-donors)
- 🎰 **DraftKings Kills Off NFT Business**. The sports betting platform discontinues Reignmakers product and marketplace over legal concerns.
[*Read more on Bankless.com*](https://www.bankless.com/draftkings-shuts-down-nfts)
- 🇷🇺** Russia Legalizes Crypto Mining.** The Duma passed a law to fully legalize crypto mining starting in November.
[*Read more on Bankless.com*](https://www.bankless.com/russia-legalizes-crypto-mining)
💬Can't keep up with all the Bankless content? Get everything we publish — news, analysis, podcasts, and clips — all pushed to your Telegram. [Join the Bankless Feed here](https://t.me/banklessfeed)![](https://www.bankless.com/uniswap-extension-browser)

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    MARKET VIBES

  
  

    Geopolitical Turmoil
  
   
     
   
     
    
 

**📸 Daily Market Snapshot: **Bitcoin fell below $65K Wednesday as traders dealt with political uncertainty. Tensions flared across the Middle East following the [assassination](https://apnews.com/live/hamas-haniyeh-iran-israel-live-updates) of the leader of Hamas in Tehran. Meanwhile, polls began showing that Harris had already [reversed](https://www.bloomberg.com/news/features/2024-07-30/kamala-harris-erases-trump-s-swing-state-lead-in-2024-election-poll) Trump's momentum in swing states.

Prices as of 6pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $2.33T
       

 
    
    ↘1.7%
    
    
  

  
    
    ↘2.1%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $64,939
       

  
    
    ↘2.0%
  

   
    
    ↘1.1%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $3,236
       

  
    
    ↘1.4%
    
  

   
    
    ↘3.1%
    
  
  

       ![](https://s2.coinmarketcap.com/static/img/coins/64x64/7278.png)
    

  **AAVE**
   
          $109.02

       

  
    
    ↗4.0%
    
  

   
    
    ↗20.3%
    
  

  

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🔒**New Token Rating: Aave** intends to alter the role of its native token within the platform. Can this development push AAVE to new cycle highs?[Unlock AAVE on Token Hub](https://www.bankless.com/tools/token-hub/aave)

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ANALYSIS

  
  
    
   
Which Blockchains Actually Make Money?
  
  
   
     
     Bankless Author: 
     
       [
       
       David C.](https://x.com/davewardonline)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/07/image---2024-07-31T171124.904.png)](https://www.bankless.com/which-blockchains-actually-make-money)Two weeks ago, we wrote about the [protocols with strong fundamentals](https://www.bankless.com/which-crypto-tokens-have-strong-fundamentals), such as outsized revenue or token supply, that were showing promise amid the latest wave of price appreciation.* Now, we're taking that same fundamentals-driven approach to dive deeper into L1s and L2s.*

Whether it's the influx of institutional investment or the general disillusionment with high-FDV token launches, the recent surge presents a potential opportunity to take a closer look at the fundamentals of blockchains overall.

*Today, we’ll explore just this, analyzing the **top 4 L1s and L2s by revenue** before delving deeper to explore just how much, if any, of the revenues that these blockchains actually keep *👇

[Read the Analysis](https://www.bankless.com/which-blockchains-actually-make-money)
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