November 1st founder TRON Justin Sun said that the blockchain's revenue reached $205 million in October. This is the second-highest figure after August 2024, when the network received $220 million.
Sun attributed the jump in revenue to an expanded presence TRON in the market of decentralized finance, memecoins and NFT . According to him, the growth of the share in these areas continues, and this will help the network maintain monthly income at a level above $200 million. However, according to analysts of the cryptocurrency market, the main growth in income TRON occurred due to activity in the stablecoin market and increased fees.
According to DeFiLlama, currently TRON is the second-largest stablecoin blockchain, accounting for 35,2% of the $60,73 billion market.
This year, the supply of stablecoins in TRON grew by more than 20%, mainly due to Tether (USDT), which accounts for nearly 98,3% of the network's stablecoins.
Собственный token The TRX blockchain is also performing well. It is currently trading at $0,17, up 55% from last year.
TRX Price Chart
The current market capitalization of TRX has already reached $14,5 billion.
