**Tron’s SunPump Drives Record Revenue in Q3**

Tron’s memecoin launchpad, SunPump, has propelled the blockchain’s quarterly revenue to a record $151.2 million in Q3, marking a 30% increase from the previous quarter, according to Messari.

- **Memecoin Frenzy:** Over 89,000 tokens were launched on SunPump between Aug. 12 and Sept. 30, boosting decentralized finance transactions by 487%.

- **Token Burn:** From Aug. 16 to 31, 270 million TRX tokens were burned, generating $42 million.

- **Market Impact:** SunDog (SUNDOG) emerged as the leading memecoin with a $217 million market cap. TRX’s circulating market cap rose 24% to $13.5 billion.

- **Activity Surge:** Daily transactions increased by 14.4% to 7.2 million, and active addresses grew by 6% to 2.1 million.

Despite the initial surge, new token launches on SunPump dropped in September. Tron’s total value locked in DeFi protocols ended Q3 at $8.1 billion but has since decreased to $6.98 billion. TRX remains deflationary with a net burn of 587.6 million tokens.