The year 2024 marked significant growth for TRON, Stellar price rises, and the anticipated BlockDAG Mainnet launch under new leadership.
Significant Growth in TRON Revenue
2024 has unfolded as a breakthrough year for the TRON network, with a revenue increase of 119% to $2.12 billion annually. This surge is attributed to an expanding user base and broader global integration. The total transfer volume of the TRON network has surged past $16 trillion, showcasing its robust capacity for extensive cross-border transactions. SunSwap, the network's decentralized exchange, played a crucial role with the launch of 94,000 new meme coins.
Stellar Price Momentum Bolstered by Bullish Indicators
Stellar (XLM) shows impressive price momentum, supported by a bullish weekly chart. Critical Fibonacci levels indicate a promising long-term growth trajectory for XLM price. Analysts highlight the importance of the support near $0.16 for sustaining the price rise.
BlockDAG Prepares for Mainnet Launch
BlockDAG has brought on board ex-Cardano leader Marius Bock, bringing significant strategic potential to the project. Bock's extensive background in fintech and blockchain innovations will allow BlockDAG to robustly tackle blockchain scalability challenges and strengthen its position in the industry. BlockDAG's architecture, integrating UTXO and EVM compatibility, sets it apart. Under Bock's leadership, the network is anticipated to achieve increased efficiency.
2024 has been a landmark year for TRON with revenue growth and ecosystem expansion. Stellar is on a promising ascent due to favorable charts, while BlockDAG's future looks promising with competent leadership and the upcoming Mainnet launch.