Tron’s $566 million Q3 revenue surpasses Bitcoin, Ethereum and Solana
Tron generated $566 million in revenue in Q3, a 43% increase from Q2, outperforming Ethereum ($253 million), Solana ($105 million), and Bitcoin ($57 million). Total revenue for the past year reached approximately $1.66 billion, reflecting 113% year-on-year growth. The revenue surge was driven by strong stablecoin activity, with Tron controlling 34.8% of the stablecoin market and supplying $59.8 billion, primarily through Tether's USDT. The stablecoin supply grew 21.6% this year. Tron is popular in emerging markets like Nigeria and Argentina due to low fees and fast transactions. Daily transactions exceed 8 million, and average transaction fees increased from 20 cents to $1 over two years. The launch of SunPump, a memecoin launchpad, has further increased network activity.
