The Tron network wrapped up 2024 with record-breaking revenue of $2.12 billion, marking a 115.73% increase from the last year.
Extraordinary Revenue Growth for Tron
In 2024, the Tron network showcased exceptional financial success, earning $2.12 billion, signifying a 115.73% boost compared to the previous year. December alone saw revenue of $329.57 million, a 39.74% increase from the previous month, with the platform gaining traction in DeFi, games, and other blockchain solutions.
Market Position of TRX
Despite these achievements, the TRX price does not reflect such revenue growth, having slid 1% in the last 24 hours. Market dynamics show some instability with a consolidation phase following a strong bear trend.
TRX Price Indicator Analysis
In the TRX/USD chart, the 50-day SMA is below both the 100 and 200, indicating bearish pressure. The Awesome Oscillator also shows decreasing activity, suggesting the possibility of a continued downward trend unless bulls step in.
Tron's revenue in 2024 indicates remarkable growth, despite TRX's unstable market position. The future hinges on the network's ability to attract new users and maintain competitiveness.
