TRON August 2024 Monthly Report - Positive Growth Is Recorded across TRON's Monthly Fees, Revenue, and Earnings-web3.0-php.cn

Home

web3.0

TRON August 2024 Monthly Report - Positive Growth Is Recorded across TRON's Monthly Fees, Revenue, and Earnings

王林

Sep 10, 2024 pm 09:29 PM

tron Revenue Fees Growth TVL

TRON DAO experienced remarkable growth across key metrics, as outlined in their latest monthly report. The blockchain saw a rise in revenue, increased trading volume, and consistent total value locked (TVL), making it one of the most active networks in the crypto space.

TRON August 2024 Monthly Report - Positive Growth Is Recorded across TRON's Monthly Fees, Revenue, and Earnings

TRON’s financials report for August 2024 showed a 38.1% increase in fees and revenue, continuing a trend of positive growth. The blockchain’s earnings nearly doubled from the previous month, closing at $38.99 million.

TRX saw a significant increase in trading volume, with an $8.5 billion rise compared to July. Additionally, the number of TRX holders surged by 4.92 million, bringing the total to over 143.5 million people.

Coin98 Analytics also highlighted a spike in the amount of TRX burned in August, with a single-day burn of 34.67 million TRX on August 21. For the month, TRON burned 420.8 million TRX while generating 157 million new TRX, reflecting the active participation within the network.

The TRON network recorded over 231.7 million transactions in August, with a total of 254.8 million unique addresses. The platform averaged 2.1 million daily active users, outperforming several other blockchains, such as Solana, in terms of user engagement.

TRON’s staking figures tripled from the previous month, reaching 47.11 billion TRX. The blockchain’s TVL remained consistently high, closing August at $8.18 billion, with a peak of $8.75 billion on August 26.

Finally, Coin98 Analytics also noted that USDT continues to account for 99% of the stablecoin market cap on TRON, amounting to $58.5 billion by the end of August. TRON ranks just behind Ethereum in terms of USDT stablecoin volume, further solidifying its influence in the stablecoin sector.

The above is the detailed content of TRON August 2024 Monthly Report - Positive Growth Is Recorded across TRON's Monthly Fees, Revenue, and Earnings. For more information, please follow other related articles on the PHP Chinese website!

Statement

The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn

Quick-thinking Sun Saves LifeApr 30, 2025 am 11:22 AM

Fayetteville Police Department officers Kevin Ingram and David Cagle present Spring Hill Elementary fifth grader Dan Smith with a certificate of recognition for his heroic actions. By FPD

UAE Enables AI Interaction in Lawmaking With New Smart Legislative SystemApr 30, 2025 am 11:20 AM

Artificial Intelligence (AI) has begun to penetrate all aspects of human life, and governance is next. On April 14, the government of the United Arab Emirates (UAE) approved the implementation of what the media is calling the first AI-powered legisla

Whales Have Dumped 10 Trillions of SHIB Tokens, Plunging the Price by 60% From Its All-Time HighApr 30, 2025 am 11:18 AM

On-chain data reveals that large Shiba Inu investors, referred to as whales, sold their tokens as the coin's value declined.

3 Hidden Altcoin Gems to WatchApr 30, 2025 am 11:14 AM

Smart crypto investors are looking for an asset with real-world utility and early potential gains in 2025. XRP and Chainlink (LINK) remain the bedrock of solid portfolios but new opportunities

Ethereum Classic (ETC) Price Prediction: Can It Rise to New Heights as Bitcoin (BTC) and Ethereum (ETH) Make New Highs?Apr 30, 2025 am 11:12 AM

As Bitcoin flirts with the $100,000 milestone and Ethereum climbs closer to the $2,000 mark, the eyes of crypto enthusiasts and investors alike are beginning to focus

U.S. President Donald Trump's media company is exploring yet another crypto-related ventureApr 30, 2025 am 11:10 AM

U.S. President Donald Trump’s media company, called Trump Media & Technology Group, is exploring yet another crypto-related venture, the company said in a letter to shareholders on Tuesday.

Top 10 digital currency trading apps Recommended by the top 10 digital currency exchange appsApr 30, 2025 am 11:09 AM

Top 10 digital currency trading apps: 1. OKX, 2. Binance, 3. Coinbase, 4. Kraken, 5. Huobi, 6. KuCoin, 7. Bitfinex, 8. Gemini, 9. Bitstamp, 10. Poloniex, these platforms are all known for their security, user experience and diverse features, suitable for users with different needs to conduct digital currency transactions.

Pi Network (PI) Price Prediction: Expert Predicts Spike to $5: Here's the TimelineApr 30, 2025 am 11:08 AM

A video by DA CONTENT TV on YouTube dives deep into a bold new prediction for Pi Network (PI). According to the discussion, there is growing optimism that the Pi price could surge dramatically, potentially hitting $5 much sooner than many expected.