Tron network has achieved tremendous growth in the blockchain space.
Tron's memecoin platform, Sunpump, has contributed significantly to its growth.
Only the Ethereum blockchain has surpassed Tron in revenue generation.
Tron's revenue is second only to Ethereum
2024 turned out to be an exceptional year for Tron. Among the top blockchains, Ethereum eventually outperformed Justin Sun’s network. Solana is third in the global rankings. At one point during the third quarter of 2024, Tron outperformed Ethereum by almost half.
Tron’s growth has been steady in 2024. The last two quarters have seen the blockchain gain more revenue. The network appears to be gaining several positive patterns, suggesting that by 2025, it could end up breaking several ceilings.
Amidst the market optimism that has driven Bitcoin prices higher, Tron has significantly outperformed major assets like Ethereum, which has only registered an 11% increase over the same period.
However, with the volatile cryptocurrency market, Tron’s future is uncertain. Other networks will also try to rise to the top, leaving no room for slackness. The cryptocurrency regulatory environment could also pose a problem for Tron, but that remains to be seen.