Tron Surpasses Ethereum and Solana in 30-Day Chain Revenue

iconAMBCrypto
Share
AI summary iconSummary
On-chain data shows Tron generated $23.41 million in 30-day chain revenue, outpacing Ethereum’s $6.34 million and Solana’s $3.40 million. On-chain analysis reveals Tron also led in 7-day and 24-hour revenue. USDT dominates Tron’s stablecoin supply, making up 97.76% of the $95 billion on the network. TRX trades near $0.3313 with limited upward movement.

Tron recorded $23.41 million in chain revenue over the past 30 days, according to DefiLlama’s data. That exceeded Ethereum’s $6.34 million and Solana’s $3.40 million combined.

The figures show Tron leading in revenue generated. It has also seen a lot of stablecoin presence, while TRX’s price chart showed a market performance that was dull.

Tron’s lead extends beyond the monthly figure

Ethereum and Solana together had about $9.74 million over the same period, with Tron having about 2.4 times that amount.

AD

The difference also could also be seen in its seven-day and 24-hour data. Its seven-day revenue is $5.8 million, and its 24-hour figure is $554,976, which is more than both these other networks.

tron revenue chart
Source: DefiLlama

But the ranking alone does not show that Tron’s revenue increased. It shows how much the network generated during those periods, but not its performance in the month before.

The $23.41 million is not all the earnings on Tron; the fees are shown as transaction fees paid by users.

USDT dominates Tron’s stablecoin supply

Tron’s dashboard showed about $95 billion in stablecoins, with USDT making up 97.76% of that total.

But the amount that is outstanding is different from the amount transferred, and it does not identify how much revenue came from payments, trading, or other uses.

TRX’s rebound loses momentum near $0.335

TRX traded around $0.3313 at the time of this writing, down 0.42%.

It had bounced from roughly $0.327, but that recovery thinned out before reaching the $0.34 price level. Recent trading suggested buyers have not been able to establish a sustained upward move.

TRX daily price trend chart
Source: TradingView

The $0.327–$0.328 price area remained the nearest level where buyers had previously stepped in. A recovery above $0.335–$0.337 would mean that the rebound was gaining traction.


Final Summary

  • Tron’s $23.41 million in 30-day chain revenue was more than Ethereum and Solana’s combined total.
  • TRX traded near the $0.3313 price level as its recent rebound slowed.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.