Tron's network revenue for 2024 is up 115% compared to last year

Throughout 2024, TRON network revenues reached a total of $2.12 billion. This number has increased by more than 115% compared to the protocol’s revenue in 2023.

Data from TRON (TRX) Scanning location It showed that revenue earned from users purchasing TRX on the Tron network reached $329.57 million in the whole of 2024, an increase of 115.73% compared to 2023.

Not only that, in the last phase of 2024, the Tron network saw a revenue increase of almost 40% in December. According to data from LoconchineTron network revenue reached $329.57 million over the past 30 days.

Tron network revenues for 2024 increased by 115% compared to last year - 1
TRX price chart for the last 24 hours of trading, December 31, 2024 | source: crypto.news.

Last year, Tron's native token TRX reflected similar growth, increasing by more than 140.8%. Tron code too receipt All-time high this year on December 4, trading at $0.43 according to Data From crypto.news.

One day before reaching an all-time high, Tron's market capitalization Transgression $20 billion threshold. TRX token trading value also doubled to $2.3 billion during that period.

At the time of writing, TRX is trading at $0.25. The coin has managed to maintain a market cap of $22.09 billion along with a 24-hour trading volume of around $978 million. Data from Davey's call It shows that Tron's total value locked is $7.38 billion.

Although Tron Network has achieved quite a few milestones in the past month as the year comes to an end, it still falls short of entering the top 10 protocols ranked by fees. According to data from Davey's callTron ranks 11th on the leaderboard in terms of revenue, trailing behind major protocols such as Pump.fun, Lido, PancakeSwap, Ethereum, and Solana.

Meanwhile, Tether remains the top protocol with $5.25 billion in revenue, followed by Circle and Uniswap.



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