In 2024, the Tron network witnessed an impressive surge in revenue, totaling $2.12 billion. This figure marks a remarkable increase of 115% compared to its revenue for the previous year. Such growth reflects the rising popularity and usage of TRX tokens on the network, driven by increased user engagement and innovative features.
According to data from the Tron (TRX) Scan site, a significant part of this revenue, totaling approximately $329.57 million, was generated from users purchasing TRX. This specific segment alone saw an astounding growth of 115.73% year-over-year, underscoring the strong demand for Tron’s native token.
As the year came to a close, the Tron network experienced a substantial 40% increase in revenue during December alone. Over the past 30 days, the network generated a revenue of $329.57 million, highlighting its robust performance in a competitive market. This upswing not only illustrates Tron’s resilience but also positions it favorably among other blockchain platforms.
In addition to revenue growth, TRX itself has shown impressive gains, with its value increasing by more than 140.8% throughout the year. On December 4, 2024, TRX reached an all-time high of $0.43, while its market cap soared past $20 billion. At present, TRX is trading at around $0.25, with a market cap of $22.09 billion and a daily trading volume of approximately $978 million.
- Tron Network 2024 Revenue: $2.12 billion
- Year-over-Year Growth: 115%
- December Revenue Increase: 40%
- TRX Value Growth: 140.8%
Despite these achievements, the Tron network still has not cracked the top 10 blockchain protocols ranked by fee revenue, currently sitting at 11th place. Major protocols such as Ethereum, Solana, and PancakeSwap continue to dominate, with Tether leading the pack at a whopping $5.25 billion in revenue. Despite this, Tron’s ability to maintain significant user activity and engagement illustrates its potential for future growth.
