Tron Lost 10% Since Last Week – Is There A Saving Grace Ahead?

Tron Lost 10% Since Last Week – Is There A Saving Grace Ahead?
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Tron (TRX) faced huge losses after the market swung downward in a strong overreaction amidst macroeconomic fears. According to CoinGecko, the token is down nearly 6% since last week but has since turned a full 180 gaining almost a percent today, August 7th. Since then, the ecosystem continues to surprise the community with its strength
As the market also resumes some form of recovery with a percent uptick in the total market cap, TRX might see some growth in the coming days. 
Tron Remains Profitable Despite Market Bleed
Bankless released a deep dive on the on-chain profitability of several layer 1s and layer 2s, including Tron on their long list of blockchains. 
Which blockchains are actually profitable?
This is the data behind the L1 and L2 networks driving the most revenue and earnings
Today, we’ll explore the top 4 L1s and L2s by revenue, and explore just how much of the revenues that these blockchains actually keep.
For… pic.twitter.com/TgudtrlDvO
— Bankless

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