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Crypto Fees Oct 31st 2024 (Patreon)

Published:
2024-11-01 18:09:04
Imported:
2026-06
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Content

Winner takes most

Rem SOL fees are a fraction of a fraction of those of ETH and BTC

They make it up in insane volume.

Files

Previews only

Comments

Chewie

Sceptics love to claim SOL full of Bots and fake transactions but the fees speak for themselves of usage

Poli

Looking strong ! Go SOL ☀️🧿

Adil Rehman

So should we invest like 30% bitcoin 20% eth and 50% sol or don’t invest in eth and rather invest on sol and btc only?

LaxGuy36
>>154059875

Just BTC, SOL for me. I also have MSTR, TSLA, NVDA and CLSK. NFA.

SOLboy

ADA lookin good

Whiteness
>>154057188

They’re all full of bots and fake transactions! If the fees are cheap enough, it’s worth botting some transactions, for some things, by some people. Also bots can often represent real/advanced users now.

A B

It looks like ICP has doubled their fees from 12 to 23. Lolll

Doctighty

Why does no one seem to buy BNB? It’s outperformed SOL all year, where it counts

Maximus

ADA is BELOW its Aug 2023 daily Tx value

Nik

Where is XRP? haha. But, actually shouldn't they have at least $4 and make the list? Just curious.

Oliver Cavanagh

Overlooking $RUNE (THORChain) is sacrilege. People aren't even aware it's becoming a SCP and rakes in more daily revenue already than everything below Base. And that's without SOL and BASE interoperability enabled. But it's this analysis oversight/inefficiency, even by someone like James, that makes me bullish on it as a play this cycle and beyond. It's a decentralised liquidity protocol/L1/SCP combined that agents will absolutely love trustlessly interacting with in the agentic era.

Afsar Akal
>>154114882

I think it is a classification issue Oliver. James' table above is the fee data of smart contract platforms only (as you do not see AAVE or Uniswap here either). I checked Rune's classification on Coingecko and indeed it appears under DEXes (together with UniSwap) and infrastructure (together with the likes of Chainlink, Stacks etc. ) Hence it is not an oversight. Of course a protocol could be L1, SCP and infra all at the same time.