Tron Outperforms Ethereum and Solana in 24-Hour Revenue Generation
Tron has emerged as a leading network in revenue generation, surpassing both Ethereum and Solana, as per data from decentralized finance data aggregator DeFiLlama.
In the last 24 hours, Tron (TRX) generated over $1.4 million in revenue, outstripping Ethereum (ETH), which accrued around $844,276 during the same period. Data from DeFiLlama also revealed that Tron outperformed Solana (SOL) in revenue generation, with Solana accumulating $940,009 in 24-hour revenue, higher than Ethereum and Pump.fun, a recent standout meme coin launchpad that generated about $867,429 in the same timeframe.
Looking at the revenue trend over the past week, Tron continued to lead the pack, with a total revenue of $8.67 million, surpassing Ethereum’s $8.08 million and Solana’s $6.38 million. While Tron demonstrated significant revenue growth over the past 30 days, Ethereum took the top spot with revenue exceeding $52.48 million, followed by Tron at $40.2 million, and Pump.fun ahead of Solana with $25.83 million. Solana’s revenue in this period stood at $23.59 million, outperforming Lido, Uniswap, and Maker, which recorded $8.82 million, $8.1 million, and $7.32 million, respectively.
Tron’s revenue surge aligns with the network’s upcoming developments aimed at enhancing ecosystem activity. Founder Justin Sun recently outlined plans for a gasless stablecoin solution to facilitate free peer-to-peer transfers, set to launch in the fourth quarter. Additionally, the issuance of the USDT stablecoin on Tron has surpassed $60 billion, marking a significant milestone for the blockchain network.
In conclusion, Tron’s dominance in revenue generation underscores its growing presence in the crypto space, with promising developments on the horizon to further strengthen its ecosystem and user experience.
