TRON has outperformed both Ethereum and Solana in daily revenue, achieving an all-time high of $3.84 million. This surge is largely attributed to the recent launch of Sunpumpmeme, which has generated over $1.39 million since its inception.
Justin Sun, the founder of TRON, commented on this impressive feat, stating, “On other blockchains, a few hundred million in stablecoins can pop out billion-dollar meme coins. TRON’s got $60 billion+, so we could see dozens of billion-dollar meme coins. Sounds wild, but numbers don’t lie.”
Recent data from decentralized finance aggregator DeFiLlama reveals that TRON generated more than $1.4 million in revenue over the past 24 hours, significantly outpacing Ethereum, which accrued approximately $844,276, and Solana, which managed to generate around $940,009. Over the past week, TRON has maintained its lead with a total revenue of $8.67 million, compared to Ethereum’s $8.08 million and Solana’s $6.38 million.
The launch of Sunpumpmeme has sparked excitement within the crypto community, as it exemplifies TRON’s potential in the meme coin sector. The platform’s growing popularity has led to speculation about the emergence of more billion-dollar meme coins on TRON. Sun believes that the vast amount of capital within the TRON ecosystem could facilitate this trend.
TRON’s rising revenue comes alongside plans for new developments aimed at enhancing ecosystem activity. Earlier this month, Sun announced the introduction of a gasless stablecoin solution designed to promote free peer-to-peer transfers, set to launch in the fourth quarter of this year. This initiative, combined with the issuance of the USDT stablecoin surpassing $60 billion on TRON, positions the network as a leading player in the crypto space.
As the excitement builds around TRON and its potential for meme coin creation, the community is left pondering the implications of this rapid growth. With the market continuously evolving, TRON’s performance could signal a new era for meme coins and decentralized finance.