TRON’s Revenue Reached an All-Time High in the Third Quarter of 2024

Messari, a well-known provider of digital asset market intelligence, has published a report detailing TRON's third quarter performance.

The report highlights seven consecutive quarters of increasing activity on the circuit, which has driven TRON’s protocol revenue to new heights thanks to growing transaction volumes and an expanding user base.

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TRON’s network saw remarkable growth in the third quarter of 2024, with protocol revenue reaching a record $151.2 million, marking a 29% increase over the previous quarter.

Other interesting metrics include a 24% increase in market capitalization, a 4% increase in DeFi’s total locked value (TVL), a 3% increase in stablecoin market capitalization, and a staggering 150% increase in average daily DEX volume.

Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.