- TRON surpasses 2.5 million active addresses.
- TRX’s revenue exceeds $764 million in 90 days.
- The prominent layer-1 protocol maintains dominance in blockchain activity.
The TRON network has defied market odds to post a remarkable growth in 2024. This highlights its robust ecosystem and increasing user engagement. According to IntoTheBlock, the layer-1 protocol hosts over 2.5 million active addresses and processed nearly 53 million transactions in mid-December alone, underscoring its dominance in blockchain activity.
Its consistent revenue growth of $764.11 in the last 90 days is driven by high transaction volume, staking, and token-burning mechanisms. This solidifies its position as one of the most utilized blockchains globally.
Meanwhile, the TON blockchain has also shown significant activity, crossing 20 million transactions recently, though TRON remains a leader in user engagement and revenue generation. These developments reflect a growing interest in decentralized platforms and hint at the latter’s ability to secure a larger market share in the competitive blockchain industry.
TRON Eyes U.S. Blockchain Domination
Additionally, recent data from lookonchain highlights its dominance in the blockchain space. Over the past 30 days, TRX generated $329.57 million in protocol revenue, marking a 39.74% increase compared to the previous month. The network’s total annual revenue reached an impressive $2.12 billion, reflecting a staggering 115.73% growth year-on-year.
Aside from that, TRON founder Justin Sun recently announced a $30 million investment in World Liberty Financial, making the layer-1 blockchain its largest investor. Sun emphasized the growing prominence of the U.S. as a blockchain hub and credited former President Donald Trump for Bitcoin’s rise.
“TRON is committed to making America great again and leading innovation,” Sun stated in a post, highlighting the platform’s dedication to advancing blockchain technology globally. This bold move positions it as a key player in shaping the future of blockchain innovation, with a focus on the U.S. market.
