Key Points
- Tron’s October revenue surpassed $205 million, marking the second biggest month since August.
- Tron’s Justin Sun believes the monthly revenue will remain above $200 million.
Justin Sun just announced in a message via X that Tron’s October revenue hit $205 million, marking the second-highest monthly revenue in history, after August.
Sun expects that Tron’s monthly revenue will remain above $200 million fueled by continued DeFi growth, the memecoin frenzy, and NFT sector developments.
Tron Protocol Revenue Overwiew
According to official data from Tronscan, Tron’s revenue from yesterday was $7.11 million, and combined with the revenue recorded in the first 30 days of October at over $198 million, last month, the protocol recorded over $205 million.
Over the past three months, Tron generated over $611 million in revenue, and over the past 365 days, the number reached $1.76 billion, Tronscan data shows.
Over the past year, Tron’s impressive revenue surged by over 109%. In September, we reported that Tron aims at $3 billion in yearly revenue.
October 24 marked the day with the highest revenue of the month at over $9 million. Also, the day with the highest revenue since the launch of the Tron protocol was on August 21 at over $13.3 million.
A high revenue points to a high number of accounts, and high transaction data.
Other Important Tron Data
According to the same Tronscan data, the number of average active accounts during the past month was over 2.5 million, with over 2.6 million active accounts recorded yesterday, October 31. The total accounts on Tron are almost 270 million.
Regarding the transaction trend on Tron, on average, the daily transactions in the past month were 7.69 million, up by over 4%. The number of daily transactions spiked on October 24 to over 10 million.
The day with the highest number of transactions since Tron’s launch was June 14, 2023, at 12.8 million.
The cumulative transactions on Tron surpass 8.8 billion.
Also, the total transfer volume on Tron since its launch is over $14 trillion, with a transfer volume of more than $17 billion recorded in the past 24 hours.
Tron has been gaining reactions lately for various reasons, including moves to accelerate the DeFi economy.
Yesterday, Tron announced that it joined the Chainlink Scale program to accelerate the DeFi economy by offering developers access to the industry-leading data oracle solution.
This integration allows a focus on scaling the ecosystem and driving mass adoption in the blockchain industry.
The Chainlink Scale program allows blockchains and L2s to fast-track smart contract innovation in native ecosystems.
