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You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/tron-network-surpasses-ethereums-revenue-in-the-last-90-days/" data-wpel-link="internal">Tron Network Surpasses Ethereum’s Revenue in the Last 90 Days</a> 
According to data from Token Terminal, the Tron network has surpassed the Ethereum network’s revenues in the last 90 days, accumulating approximately $435 million in fees compared to Ethereum’s roughly $364 million. Tron founder Justin Sun highlighted the blockchain network’s 30-day revenue performance, which exceeded Ethereum’s protocol revenue by 50%. 
<h2 class="p1" style="text-align: justify" id="what-s-happening-in-the-tron-network">What’s Happening in the Tron Network?</h2> 
Justin Sun later provided a forward-looking guide for Tron and stated: 
<blockquote> 
 “If this trend continues, TRON’s protocol revenue could even exceed $2 billion this year, making it the world’s most profitable blockchain.” 
</blockquote> 
Tether payments on the Tron network rose to about 1/3 of payment giant Visa’s total payment volume for the second <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">business</a> quarter of 2024, reaching a total transaction payment volume of $1.25 trillion on the Tron network. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-380357 size-full" src="https://coin-turk.com/wp-content/uploads/2024/08/token-terminal.webp" alt="" width="1498" height="1356"> 
Justin Sun announced that the Tron team is working to introduce a fee-free stablecoin for the Tron and Ethereum networks in July 2024, with plans to distribute the stablecoin to other Ethereum Virtual Machine (EVM) blockchain network ecosystems in the future. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-380356 size-full" src="https://coin-turk.com/wp-content/uploads/2024/08/usdt-1-scaled.jpg" alt="" width="2560" height="1279"> 
This will allow users on these networks to send stablecoins on a peer-to-peer basis without paying network fees, significantly increasing the applicability of these products for small payments, institutional settlements, and cross-border remittances. In 2024, Tron became the second-largest blockchain network for stablecoin transfers by dollar value, second only to the Solana network. 
<h2 class="p1" style="text-align: justify" id="details-on-the-subject">Details on the Subject</h2> 
Despite Tron’s impressive revenue figures and stablecoin <a href="https://newslinker.co" target="_blank" rel="noopener" data-wpel-link="exclude">innovation</a>, the network lags in certain metrics. According to DeFi Llama data, Tron’s total value locked (TVL) fell to a six-month low of approximately $7.6 billion in June 2024. 
<img loading="lazy" loading="lazy" decoding="async" class="aligncenter wp-image-380355 size-full" src="https://coin-turk.com/wp-content/uploads/2024/08/defillama.webp" alt="" width="1486" height="772"> 
Tron’s total value locked moderately increased in July, reaching around $8.7 billion but fell back to approximately $7.6 billion in August and remains around this level at the time of writing. Interestingly, the decline in TVL was accompanied by a significant increase in the <a href="https://en.coin-turk.com/tron-trx-price-analysis-will-trx-reach-new-heights/" data-wpel-link="internal">TRX</a> price, which recorded a 9.5% gain for June 2024. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/tron-network-surpasses-ethereums-revenue-in-the-last-90-days/" data-wpel-link="internal">Tron Network Surpasses Ethereum’s Revenue in the Last 90 Days</a></h5>
The post <a href="https://en.coin-turk.com/tron-network-surpasses-ethereums-revenue-in-the-last-90-days/" data-wpel-link="internal">Tron Network Surpasses Ethereum’s Revenue in the Last 90 Days</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.

Tron Network Surpasses Ethereum’s Revenue in the Last 90 Days

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