{"id":147294,"date":"2025-01-22T14:02:58","date_gmt":"2025-01-22T12:02:58","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=147294"},"modified":"2025-01-22T14:10:38","modified_gmt":"2025-01-22T12:10:38","slug":"tron-h2-2024-dominating-stablecoin-ecosystem-while-pioneering-new-horizons","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/tron-h2-2024-dominating-stablecoin-ecosystem-while-pioneering-new-horizons\/","title":{"rendered":"TRON H2 2024: Dominating Stablecoin Ecosystem While Pioneering New Horizons\u00a0"},"content":{"rendered":"
Let\u2019s break it all down.<\/span><\/p>\n The native token of the TRON blockchain demonstrated significant growth in early December, setting a new all-time high at $0.416. As of early 2025, the token’s price is trading at $0.225.<\/span><\/p>\n At this price level, 94% of wallets holding $TRX are in profit.<\/span><\/p>\n Historically, $TRX has shown consistent upward price momentum. The token’s value generally increases over time, with major price drops occurring only after exponential growth cycles, which typically happen every four years. Importantly, the price has never returned to the previous lows of earlier cycles.<\/span><\/p>\n This price behavior sets $TRX apart from many other large-cap altcoins, as holders of $TRX tend to remain in profit for a significant portion of their holding period.<\/span><\/p>\n The driving force behind TRON’s price behavior lies in its blockchain metrics. Among these, the price-to-revenue ratio stands out as a crucial indicator for fundamental analysis.<\/span><\/p>\n Notably, at the start of the second half of the year, before the native token’s price surge, TRON led the market with the lowest price-to-revenue ratio of 26.7. (The lower the ratio, the higher the project’s revenue relative to its market capitalization.) While such a ratio is fairly common in the technology sector of the stock market, it is considered exceptional in the cryptocurrency market.<\/span><\/p>\n After the exponential price growth, the ratio has shifted, but TRON still remains among the leaders in this metric.<\/span><\/p>\n More than that, TRON has emerged as the most cost-efficient L1 blockchain in 2024, spending just $0.85 for every $1 generated in fee revenue. This stands in contrast to Aptos, which spent over 300 times more on incentives than it earned in fees. Bitcoin, with its Proof-of-Work model, spent $80B on miner incentives while generating $6.6B in transaction fees<\/span>.<\/span><\/p>\n Additionally, in terms of absolute revenue, TRON ranks second after Ethereum. Ethereum, TRON, and Solana are the undisputed leaders in revenue generation among blockchains, accounting for over 95% of the total revenue generated by projects in this category.<\/span><\/p>\n The TRON network has solidified its leadership in the number of addresses interacting with stablecoins. TRON is the most popular network for users transferring stablecoins between centralized exchanges. This success can be attributed to several factors:<\/span><\/p>\n In terms of stablecoin transfers, TRON ranks third, with a total of 3 trillion USDT in transfers for the second half of 2024\u2014just slightly behind Ethereum and Solana.<\/span><\/p>\n In the second half of 2024, 5 billion USDT were minted and burned on the TRON network, resulting in a stablecoin volume that remained relatively unchanged despite minor fluctuations.<\/span><\/p>\n Returning to the overall metrics, TRON ranks among the top three in terms of active addresses for the second half of 2024.<\/span><\/p>\n Additionally, during this period, TRON ranks among the top three blockchains in terms of transaction volume.<\/span><\/p>\n As for the Total Value Locked (TVL) metric, in the second half of 2024, TRON lost some ground to BSC and the rapidly growing Bitcoin ecosystem, driven by restaking protocols. However, it still remains in the top five.<\/span><\/p>\nKey Highlights<\/span><\/h2>\n
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$TRX Reaches a New All-Time High<\/span><\/h2>\n
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TRON Leads Across Plenty of Fundamental Metrics<\/span><\/h2>\n
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