TRONSCAN data shows that on December 3, the total revenue of the TRON Protocol reached 21.66 million US dollars, a record high. In the past 365 days, the total revenue of the TRON Protocol exceeded 1.91 billion US dollars, a year-on-year increase of 108.02%.
The total revenue of the TRON protocol consists of four parts: energy burning revenue, bandwidth burning revenue, energy pledge revenue, and bandwidth pledge revenue. Energy and bandwidth are important resources of the TRON network and are widely used to call smart contracts and transactions.
The growth of the total revenue of the TRON protocol reflects the high activity of on-chain transactions. Among them, stablecoin transactions are the main driving force for the growth of the total revenue of the TRON protocol. As of now, the total market value of stablecoins on the TRON chain has reached 62.9 billion US dollars, and the number of transfers in the past 24 hours has exceeded 2.95 million, a year-on-year increase of 10.38%. In addition, the rise of popular applications such as SunPump and NFT Pump has attracted a large number of developers and users, further increasing the activity on the chain. TRXs recent good market performance has also promoted the continued growth of the protocols total revenue to a certain extent.
As an important global payment network and blockchain infrastructure, TRON continues to promote the widespread application of stablecoins and blockchain technology with its technical advantages such as security, efficiency, and user-friendliness. In the future, with the continuous prosperity of the TRON ecosystem, the steady increase in user scale and transaction volume, the total revenue of the TRON protocol will continue to grow.