The launch of the SunPump memecoin launchpad on the Tron blockchain network has significantly shot up the network activity thereby sending the gas fee soaring along with the network revenue. For the last month of August, the Tron Network gas revenue shot up by a a significant 46.5% in comparison to its previous month.
Tron Revenue Beats Ethereum, Solana, and Bitcoin
The meme coin frenzy on Tron’s SunPump platform has led to a huge surge in the network activity which has been ultimately beneficial to the network validators.
With this spurt in the network activity, Tron has managed to beat giants like Bitcoin, Ethereum, and Solana who have seen the network revenue drop by 15% to nearly 50%. One thing is clear, Tron has been eating into the revenue share of competitors like Ethereum and Solana.
The #TronNetwork’s gas revenue saw a 46.54% increase in August.
Compared to July, #BSC’s gas revenue also saw a 6.63% increase in August, while gas revenue of #Ethereum dropped 3
We współpracy z: https://www.thecoinrepublic.com/2024/09/03/tron-revenue-shoots-46-beating-eth-sol-after-sunpump-launch/
