During Q3 2024, the #Tron network achieved a record quarterly revenue of $151 million, largely fueled by its memecoin activity, particularly from its new launchpad, #Sunpump
This memecoin generator allowed users to easily create and launch memecoins on the Tron blockchain, and in just two weeks, it contributed nearly 30% of Tron's total revenue. The rise in memecoin popularity on Tron closely followed trends seen on platforms like #Solana which also experienced significant engagement in the memecoin market.
SunPumpâs ability to generate such a substantial portion of Tron's revenue, around $5.4 million, highlights the growing influence of #memecoins on blockchain ecosystems, driving up both network activity and user engagement.
