Tron Outperforms Ethereum and Solana in August Revenue, Thanks to Sun.pump
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Tron led blockchain revenues in August 2024, earning $60.9M.
The Sun.pump platform fueled Tron’s growth by driving memecoin transactions.
There is a significant revenue gap between the top three blockchains and others.
Market observers have labeled August 2024 a “wild month” for the blockchain space, noting market manipulation surrounding several projects on the Sun.pump platform. While some investors profited, experts caution that these projects can be as volatile as gambling.
