TRON Daily Revenue Tops $3.84M, Leaving Ethereum and Solana Behind
Key Points:
- TRON leads public chain platforms with $3.84 million in revenue, surpassing Ethereum and Solana in the past 24 hours.
- The TRON ecosystem has experienced significant growth, with daily transactions exceeding 8 million and nearly 3 million daily active users.
TRON daily revenue dominates public chains with $3.84M in 24 hours, surpassing Ethereum and Solana strongly. Total protocol revenue reaches $1.096B, with future estimates up to $4B annually.
In the past 24 hours, Defillama data has shown that TRON dominated public chain platforms with $3.84 million in revenue, beating Ethereum with $1.12 million and Solana with $545,000.
TRON Daily Revenue Hits Record
On August 21, TRON set a new all-time high since its mainnet launch in 2018 on August 21 with a record single-day revenue of $5.33 million. As of this writing, the total protocol revenue by TRON has hit as high as $1.096 Billion.
The TRON ecosystem has grown dramatically, particularly since the launch of SunPump, the very first MemeCoin launch platform on the network. Key metrics reflect such growth, with average daily transactions consistently exceeding 8 million and daily active users approaching 3 million.
Read more: Binance Compliance Workforce Expands to 700 by 2024 as Costs Surge
TRON Ecosystem Growth Accelerates
According to Tronscan, data provided by new information indicates that the network is doing well, with the addition of 237,178 new accounts within the last 24 hours. The total value locked on the TRON network reached above $22.8 billion, showcasing higher adoption and usage rates.
Justin Sun, the founder of TRON, disclosed that daily transactions surged to 8.7 million and are getting closer to 10 million. Additionally, a proposal to lower energy prices and reduce transaction costs is set to be implemented, aiming to boost daily transactions to over 20 million within three months.
Looking ahead, Sun estimates that, for the next 12 months, total protocol revenue for TRON could be as much as $3 billion, with $1 billion being burned and $2 billion allocated to staker rewards and transaction subsidies. If the Meme strategy pays off for TRON, the estimate could reach as high as $4 billion.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Author
Key Points:
- TRON leads public chain platforms with $3.84 million in revenue, surpassing Ethereum and Solana in the past 24 hours.
- The TRON ecosystem has experienced significant growth, with daily transactions exceeding 8 million and nearly 3 million daily active users.
TRON daily revenue dominates public chains with $3.84M in 24 hours, surpassing Ethereum and Solana strongly. Total protocol revenue reaches $1.096B, with future estimates up to $4B annually.
In the past 24 hours, Defillama data has shown that TRON dominated public chain platforms with $3.84 million in revenue, beating Ethereum with $1.12 million and Solana with $545,000.
TRON Daily Revenue Hits Record
On August 21, TRON set a new all-time high since its mainnet launch in 2018 on August 21 with a record single-day revenue of $5.33 million. As of this writing, the total protocol revenue by TRON has hit as high as $1.096 Billion.
The TRON ecosystem has grown dramatically, particularly since the launch of SunPump, the very first MemeCoin launch platform on the network. Key metrics reflect such growth, with average daily transactions consistently exceeding 8 million and daily active users approaching 3 million.
Read more: Binance Compliance Workforce Expands to 700 by 2024 as Costs Surge
TRON Ecosystem Growth Accelerates
According to Tronscan, data provided by new information indicates that the network is doing well, with the addition of 237,178 new accounts within the last 24 hours. The total value locked on the TRON network reached above $22.8 billion, showcasing higher adoption and usage rates.
Justin Sun, the founder of TRON, disclosed that daily transactions surged to 8.7 million and are getting closer to 10 million. Additionally, a proposal to lower energy prices and reduce transaction costs is set to be implemented, aiming to boost daily transactions to over 20 million within three months.
Looking ahead, Sun estimates that, for the next 12 months, total protocol revenue for TRON could be as much as $3 billion, with $1 billion being burned and $2 billion allocated to staker rewards and transaction subsidies. If the Meme strategy pays off for TRON, the estimate could reach as high as $4 billion.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
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