{"id":30396,"date":"2024-10-03T20:10:01","date_gmt":"2024-10-03T17:10:01","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=30396"},"modified":"2024-10-03T20:10:01","modified_gmt":"2024-10-03T17:10:01","slug":"tron-network-breaks-record-in-q3","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/tron-network-breaks-record-in-q3\/","title":{"rendered":"Tron Network Breaks Record in Q3!"},"content":{"rendered":"

Tron Network achieved record revenue in Q3 2024, earning a total of $577 million. This revenue was achieved through increased stablecoin activities and strategic moves towards the memecoin market. Tron’s performance drew attention by leaving leading blockchains such as Bitcoin and Ethereum behind.<\/p>\n

According to the data, Tron’s third-quarter revenue came from staking activities at 74%, while 26% came from coin burning transactions. Tron’s total revenue exceeded Bitcoin’s $56.3 million and Ethereum’s $256 million, demonstrating great success.<\/p>\n

Tron also has a large share in the stablecoin market and stands out as the second largest blockchain after Ethereum. Tron controls 35% of the $172 billion stablecoin market and has gained popularity especially in emerging markets such as South America and Africa with transactions dominated by Tether (USDT).<\/p>\n

Might interest you: What is BabyDoge?<\/a><\/em><\/p>\n

Tron founder Justin Sun\u2019s entry into the memecoin industry also contributed to the network\u2019s revenue. The memecoin platform SunPump generated $1 million in revenue in 11 days, bringing its total revenue to $5.4 million. Tron recorded its biggest daily revenue on August 21, with a $1 billion USDT injection from Tether on August 20, bringing its revenue to $5.4 million in a single day.<\/p>\n

\n

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0Telegram,\u00a0<\/strong><\/a>YouTube<\/strong><\/a>,\u00a0and\u00a0Twitter<\/strong><\/a>\u00a0channels for the latest news and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Tron Network achieved record revenue in Q3 2024, earning a total of $577 million. This revenue was achieved through increased stablecoin activities and strategic moves towards the memecoin market. Tron’s performance drew attention by leaving leading blockchains such as Bitcoin and Ethereum behind. According to the data, Tron’s third-quarter revenue came from staking activities at<\/p>\n","protected":false},"author":6,"featured_media":26916,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,2],"tags":[293,296,8891],"class_list":["post-30396","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-news","tag-tron","tag-tron-network","tag-tron-network-record"],"yoast_head":"\nTron Network Breaks Record in Q3! - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/tron-network-breaks-record-in-q3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tron Network Breaks Record in Q3! - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Tron Network achieved record revenue in Q3 2024, earning a total of $577 million. This revenue was achieved through increased stablecoin activities and strategic moves towards the memecoin market. Tron’s performance drew attention by leaving leading blockchains such as Bitcoin and Ethereum behind. According to the data, Tron’s third-quarter revenue came from staking activities at\" \/>\n<meta property=\"og:url\" content=\"https:\/\/coinengineer.net\/blog\/tron-network-breaks-record-in-q3\/\" \/>\n<meta property=\"og:site_name\" content=\"Coin Engineer\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-03T17:10:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/08\/Tron.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1132\" \/>\n\t<meta property=\"og:image:height\" content=\"670\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Tanju Akb\u0131y\u0131k\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tanju Akb\u0131y\u0131k\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/coinengineer.net\/blog\/tron-network-breaks-record-in-q3\/\",\"url\":\"https:\/\/coinengineer.net\/blog\/tron-network-breaks-record-in-q3\/\",\"name\":\"Tron Network Breaks Record in Q3! - Coin Engineer\",\"isPartOf\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/tron-network-breaks-record-in-q3\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/tron-network-breaks-record-in-q3\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/08\/Tron.jpg\",\"datePublished\":\"2024-10-03T17:10:01+00:00\",\"dateModified\":\"2024-10-03T17:10:01+00:00\",\"author\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546\"},\"breadcrumb\":{\"@id\":\"https:\/\/coinengineer.net\/blog\/tron-network-breaks-record-in-q3\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/coinengineer.net\/blog\/tron-network-breaks-record-in-q3\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/tron-network-breaks-record-in-q3\/#primaryimage\",\"url\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/08\/Tron.jpg\",\"contentUrl\":\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/08\/Tron.jpg\",\"width\":1132,\"height\":670},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/coinengineer.net\/blog\/tron-network-breaks-record-in-q3\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/coinengineer.net\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Tron Network Breaks Record in Q3!\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#website\",\"url\":\"https:\/\/coinengineer.net\/blog\/\",\"name\":\"Coin Engineer\",\"description\":\"Btc, Coins, Pre-Sale, DeFi, NFT\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/coinengineer.net\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546\",\"name\":\"Tanju Akb\u0131y\u0131k\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g\",\"caption\":\"Tanju Akb\u0131y\u0131k\"},\"url\":\"https:\/\/coinengineer.net\/blog\/author\/cetanju\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Tron Network Breaks Record in Q3! - Coin Engineer","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/coinengineer.net\/blog\/tron-network-breaks-record-in-q3\/","og_locale":"en_US","og_type":"article","og_title":"Tron Network Breaks Record in Q3! - Coin Engineer","og_description":"Tron Network achieved record revenue in Q3 2024, earning a total of $577 million. This revenue was achieved through increased stablecoin activities and strategic moves towards the memecoin market. Tron’s performance drew attention by leaving leading blockchains such as Bitcoin and Ethereum behind. According to the data, Tron’s third-quarter revenue came from staking activities at","og_url":"https:\/\/coinengineer.net\/blog\/tron-network-breaks-record-in-q3\/","og_site_name":"Coin Engineer","article_published_time":"2024-10-03T17:10:01+00:00","og_image":[{"width":1132,"height":670,"url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/08\/Tron.jpg","type":"image\/jpeg"}],"author":"Tanju Akb\u0131y\u0131k","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Tanju Akb\u0131y\u0131k","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/coinengineer.net\/blog\/tron-network-breaks-record-in-q3\/","url":"https:\/\/coinengineer.net\/blog\/tron-network-breaks-record-in-q3\/","name":"Tron Network Breaks Record in Q3! - Coin Engineer","isPartOf":{"@id":"https:\/\/coinengineer.net\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/coinengineer.net\/blog\/tron-network-breaks-record-in-q3\/#primaryimage"},"image":{"@id":"https:\/\/coinengineer.net\/blog\/tron-network-breaks-record-in-q3\/#primaryimage"},"thumbnailUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/08\/Tron.jpg","datePublished":"2024-10-03T17:10:01+00:00","dateModified":"2024-10-03T17:10:01+00:00","author":{"@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546"},"breadcrumb":{"@id":"https:\/\/coinengineer.net\/blog\/tron-network-breaks-record-in-q3\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/coinengineer.net\/blog\/tron-network-breaks-record-in-q3\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/tron-network-breaks-record-in-q3\/#primaryimage","url":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/08\/Tron.jpg","contentUrl":"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2024\/08\/Tron.jpg","width":1132,"height":670},{"@type":"BreadcrumbList","@id":"https:\/\/coinengineer.net\/blog\/tron-network-breaks-record-in-q3\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/coinengineer.net\/blog\/"},{"@type":"ListItem","position":2,"name":"Tron Network Breaks Record in Q3!"}]},{"@type":"WebSite","@id":"https:\/\/coinengineer.net\/blog\/#website","url":"https:\/\/coinengineer.net\/blog\/","name":"Coin Engineer","description":"Btc, Coins, Pre-Sale, DeFi, NFT","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/coinengineer.net\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/286f3a00b45c1661961e40ff0a1c7546","name":"Tanju Akb\u0131y\u0131k","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/coinengineer.net\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a027c5acae1ab2c3649244f87d705ac7ee359dd7e3222b84cb1d32ba3a8d2e18?s=96&d=mm&r=g","caption":"Tanju Akb\u0131y\u0131k"},"url":"https:\/\/coinengineer.net\/blog\/author\/cetanju\/"}]}},"_links":{"self":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/30396","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/comments?post=30396"}],"version-history":[{"count":3,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/30396\/revisions"}],"predecessor-version":[{"id":30404,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/posts\/30396\/revisions\/30404"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media\/26916"}],"wp:attachment":[{"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/media?parent=30396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/categories?post=30396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinengineer.net\/blog\/wp-json\/wp\/v2\/tags?post=30396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}