Through 2024 Tron the network’s earnings reached an amount at $2.12 billion. The number grew by over 115% when compared to the network’s revenues in 2023.
The data taken from Trontrx’s Tron trx1.48 percent TRON scan site revealed that the revenue from customers purchasing TRX through the Tron network was $329.57 million over the course of 2024. This was an increase of 115.73 percent when compared with 2023.
In the last quarter of 2024, the Tron network witnessed an increase of almost 40% in December. According to information from Lookonchain, Tron network’s revenues reached $329.57 million over the last 30 days.
In the last year, Tron’s own native token TRX has seen a similar increase in value, growing by over 140.8 percent. Tron’s TRX token also made its highest level in the history of Tron this year on December. 4, when it traded for $0.43 in accordance with the data obtained from crypto.news.
One day prior to reaching the all-time record The market cap of Tron has surpassed its $20 billion mark. The TRX trading value of the token also increased by a third to $2.3 billion over the course of that time.
As of the writing time, TRX is trading hands at $0.25. The token is able to keep a market capitalization of $22.09 billion, with a 24- day trading period of $978 million. The data taken from The DeFi Llama confirms that Tron has an overall value that is locked up to $7.38 billion.
While Tron has achieved a lot, and the Tron network has reached several milestones over the last month, towards the close, it is still far from making the list of top 10 protocols in terms of fees. According to the data provided by the DeFi Llama, Tron sits at 11th on the leaderboard with regards to revenue. It is in the middle of important protocols like pump.fun, Lido, PancakeSwap, Ethereum and Solana.
In the meantime, Tether continues to reign as the top protocol, earning $5.25 billion, which is followed by Circle and Uniswap.
