Tron Surpasses Ethereum in Revenue, Eyes $2B Annual Haul

Aug 15, 2024, 09:04 PM

Tron has surpassed Ethereum in revenue generation over the past 90 days, according to data from Token Terminal. Tron generated approximately $435 million in fees, outpacing Ethereum's $364 million. The network's performance is attributed to its strong distribution and network effects, despite being criticized for high fees and centralization. Tron has also outperformed Ethereum in several USDT usage metrics, including supply, holders, and transfer volume. Tron founder Justin Sun has highlighted a 50% revenue boost over Ethereum, suggesting a potential $2 billion annual revenue if current trends continue.