Tron has been on a roll lately, becoming a major player in the crypto world. It’s seen massive growth in the past year, especially when it comes to USDT transfers.
Tron’s Revenue Skyrockets
Tron’s revenue has jumped a whopping 170% in the past year. This is thanks in part to its popularity with USDT users, who prefer Tron’s low fees and high scalability for sending money. Tron’s network processes transactions using “Super Validators,” who earn fees for their work. These fees add up, and Tron’s average transaction fee is just $0.21.
Meme Coins and SunPump Fuel Growth
Tron’s revenue got an extra boost from the launch of SunPump, a platform for creating meme coins. Since August, over 90,000 meme coins have been launched on Tron, generating a ton of fees. While meme coin activity has slowed down a bit, SunPump has still brought in over $5.4 million for Tron validators.
TRX’s Future: A New All-Time High?
The success of SunPump and its first meme coin, SunDog, helped TRX prices reach a high of over $0.16 in August. However, with meme coin activity slowing down, TRX has been struggling to stay above $0.15. If the price can break through $0.17, though, it could easily reach new all-time highs.
