SunPump Fuels Tron’s Q3 Surge with Meme Coin Boom and Record Growth

Tron's meme coin platform, SunPump, experienced a major boost in the third quarter, as detailed in Messari's report.

The platform’s activity surged between August and September, driving a significant 487% jump in DeFi transactions on the Tron network and generating $151.2 million in revenue—a 30% rise from the prior quarter.

SunPump’s rapid growth began in mid-August, with over 270 million TRXs burned by the end of the month, adding $42 million to quarterly earnings.

Token launches hit a peak on August 20 but slowed notably in September. Popular meme coins from SunPump include SunDog (SUNDOG), along with other traded tokens like Tron Bull and Invest Zone.

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Tron’s TRX continued its upward trend, marking a seventh consecutive quarter of growth, while the network’s daily transactions and active addresses also saw gains.

The total value locked in Tron’s DeFi was $8.1 billion at quarter-end, but has since dipped, and USDT on Tron reached nearly $59 billion, accounting for about half of Tether’s market share.

Deyan Angelov

Active crypto trader who also follows news related to stocks, the S&P 500, and gold. Deyan enjoys staying physically active, trains regularly, and practices calisthenics. He also likes reading sci-fi books when he has the time.