Tron Still Tops Blockchain Revenue Despite Drop

[bonk]

Despite its September fee reduction and 37% revenue decline, Tron remains the top-earning blockchain, generating $3.6 billion in revenue over the past year, according to Token Terminal data.

By comparison, Ethereum generated $1 billion over the same period, despite ETH hitting all-time highs in August and boasting a $539 billion market cap — more than 16x Tron’s $32 billion.

Tron’s revenue dominance is driven by stablecoin settlements, with 51% of all Tether (USDT) supply issued on its network.

[Rimon Khan]

Even with the decline, Tron’s dominance in revenue shows consistent on-chain activity and usage.

[EmTeam]

Tron continues to surprise. Maintaining top revenue status despite downturns is no small feat.