TRON’s October revenue reached $205 million, driven by DeFi and meme coins.
Its new meme coin platform, SunPump, saw rapid growth, with over 90,000 tokens created.
TRON partnered with Chainlink to enhance DeFi security through the integration of Chainlink Data Feeds.
TRON has generated $205 million in revenue for October. Justin Sun, the founder of TRON, confirmed this record in a post on X today. He disclosed that the latest figure marks the platform’s second-highest monthly earnings, following August’s $220 million record.
TRON’s October revenue hit $205 million, the second-highest in its history (the highest was $220 million in August). With continued growth in DeFi, Meme, and NFT sectors, I believe TRON’s monthly revenue will stay above $200 million.
— H.E. Justin Sun
(hiring) (@justinsuntron) November 1, 2024
Notably, growth in DeFi, memecoins, and NFTs is driving TRON’s continued momentum in 2024.
TRON’s Revenue Drivers
TRON’s expanding DeFi ecosystem remains central to its revenue growth. The platform’s Total Value Locked (TVL) reached $6.9 billion, a 2.5% increase in the last 24 hours. This uptick highlights TRON’s robust DeF…
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