TRON has risen to become the leading revenue-generating blockchain over the past week, outpacing Ethereum, Solana, and Bitcoin. The platform reported an impressive $12. 9 million in fees, reflecting a 1. 4% increase, while Ethereum and Solana generated $6. 87 million and $6. 7 million, respectively, experiencing significant declines of 23% and 6. 9%. TRON also sustained robust user engagement, boasting over 6. 19 million active addresses and 60 million transactions, marking a 3. 2% rise. In contrast, Bitcoin faced a substantial 45% decrease in fee revenue, earning only $3. 03 million in the past week. Additionally, Bitcoin saw a 7. 5% drop in active addresses, indicating reduced onsite activity. The growth of TRON’s revenue is largely driven by its strong stablecoin sector and a thriving memecoin market on the network.

TRON's total revenue for Q3 2024 reached $566 million, outpacing both Ethereum and Bitcoin in transaction-based earnings. The network's low transaction fees and extensive adoption within the DeFi and stablecoin realms further bolster its success. While TRON’s native token, TRX, has shown strong network activity, it has experienced a decline of about 9. 22% over the past week, currently trading at $0. 2230 with a market cap of $21 billion.