CandleFocus Tron Protocol Skyrockets 1000% Since September 2022
2024-10-07
Author: Content Editor
The Tron blockchain has experienced a significant surge in its protocol revenue, with a growth of nearly 1000% over the past two years. This increase has propelled the network's revenue from $24 million to $220 million. Additionally, Tron's Total Value Locked (TVL) currently stands at $7.288 billion, and its native token, TON, has exhibited steady growth. These positive developments indicate growing investor confidence in Tron's long-term potential. The growth in protocol revenue can be attributed to Tron's focus on scalability, low transaction costs, expansion into DeFi and stablecoins, and strategic partnerships and integrations.
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