TRON has emerged as the best revenue-generating blockchain over the previous week, surpassing Ethereum, Solana, and Bitcoin.
TRON achieved a staggering $12.9 million in charges, growing by 1.4%, whereas Ethereum and Solana made $6.87 million and $6.7 million, respectively, with vital drops of 23% and 6.9%.
TRON additionally maintained excessive consumer engagement, with over 6.19 million energetic addresses and 60 million transactions, marking a 3.2% enhance.
Predominantly, Bitcoin recorded a dramatic 45% lack of charge revenue, making solely $3.03 million over the last week. Additional, Bitcoin registered a decline of seven.5% in energetic addresses, reflecting lowered on-chain motion.
This enhance in TRON’s income is contributed primarily by its robust stablecoin enterprise and burgeoning memecoin market on the community. The full income of TRON in Q3 2024 amounted to $566 million, surpassing Ethereum and Bitcoin in transaction-based revenue. The community continues to be supported by its low charge per transaction and widespread utilization inside the DeFi and stablecoin house.
Whereas its native token, TRX, has dropped by round 9.22% over the past week. The TRX is at present at $0.2230 with a market cap of $21 billion.
Additionally Learn: Analyst target Tron TRX to $1, will Buyers Pump the Price?
