**News Flash: Tron Outpaces Ethereum in Revenue, Eyes Future Innovations**
The Tron network (TRX) has outperformed Ethereum (ETH) in revenue over the past 90 days, raking in around $435 million in fees compared to Ethereum's $364 million, according to Token Terminal. Tron founder Justin Sun highlighted that Tron's 30-day revenue exceeded Ethereum's by 50%.
Key Points:
- Tron could potentially surpass $2 billion in protocol revenue this year.
- Tether (USDT) settlements on Tron reached $1.25 trillion in Q2 2024, about one-third of Visa's total settlement volume.
- Tron plans to introduce a gasless stablecoin for Tron and Ethereum networks by July 2024.
Despite these achievements, Tron's total value locked (TVL) fell to $7.6 billion in June 2024 but saw a slight rise in July before dipping again. Interestingly, TRX prices increased by 9.5% in June 2024.
Stay tuned for more updates as Tron continues to innovate in the blockchain space.