According to data from Token Terminal, the Tron network has surpassed the Ethereum network’s revenues in the last 90 days, accumulating approximately $435 million in fees compared to Ethereum’s roughly $364 million.
Tron Network Revenues
Tron founder Justin Sun highlighted the blockchain network’s 30-day revenue performance, which exceeded Ethereum’s protocol revenue by 50%.
What’s Happening in the Tron Network?
Justin Sun provided a forward-looking guide for Tron and stated: 'If this trend continues, TRON’s protocol revenue could even exceed $2 billion this year, making it the world’s most profitable blockchain.'
Details on the Subject
Despite Tron’s impressive revenue figures and innovation, the network lags in certain metrics. According to DeFi Llama data, Tron’s total value locked (TVL) fell to a six-month low of approximately $7.6 billion in June 2024.
The decline in TVL was accompanied by a significant increase in the TRX price, which recorded a 9.5% gain for June 2024.
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