In 2024, Tron network revenue reached a total of $2.12 billion. This figure increased by more than 115% compared to the protocol’s revenue in 2023.
Data from the Tron (TRX) scanning website showed that revenue from users purchasing TRX on the Tron network reached a whopping $329.57 million throughout 2024, an increase of 115.73% compared to 2023 corresponds.
Additionally, the Tron network saw a nearly 40% increase in revenue during the final stretch of 2024 in December. According to data from Lookonchain, the Tron network’s revenue reached $329.57 million in the last 30 days.
Last year, Tron’s native token TRX experienced similar growth, rising by more than 140.8%. According to data from crypto.news, Tron’s token also reached an all-time high this year on December 4, trading at $0.43.
A day before reaching its all-time high, Tron’s market capitalization crossed the $20 billion threshold. The trading value of the TRX token also doubled to $2.3 billion during this period.
At the time of writing, TRX is trading at $0.25. The token has managed to maintain a market cap of $22.09 billion with a 24-hour trading volume of around $978 million. Data from DeFi Llama shows that Tron has a total value of $7.38 billion.
Despite hitting some milestones last month towards the end of the year, the Tron network still does not make it into the top 10 protocols ranked by fees. According to data from DeFi Llama, Tron is ranked 11th in the rankings in terms of …
