According to data from DefiLlama, the Tron network has accrued $1.31 million in network revenue during the past 24 hours alone.
The Tron network has exceeded the Ethereum network’s revenues over the past 90 days, accruing approximately $435 million in fees compared to Ethereum’s fee revenues of roughly $364 million, according to data from Token Terminal.
Tron founder Justin Sun highlighted the 30-day revenue performance of the blockchain network, which has “exceeded Ethereum’s protocol revenue by 50%,” according to the Tron founder. Sun then offered forward-looking guidance for Tron:
USDT (USDT) settlements on the Tron network surged to roughly one-third of payment giant Visa’s total settlement volume for the second business quarter of 2024, accounting for a whopping $1.25 trillion in transaction settlements on the Tron network.
