Recently, according to authoritative foreign media such as Benzinga, CryptoSlate and Crypto Briefing, Messari, the worlds leading digital asset market intelligence product provider, recently released a research report on TRONs third-quarter performance. The report shows that TRONs on-chain activities have maintained growth for seven consecutive quarters, with rapid growth in transaction volume and number of users, driving protocol revenue to a new high.
TRON achieved impressive performance in the third quarter, demonstrating strong growth momentum and market competitiveness. As the worlds leading digital asset market intelligence provider, Messaris research report provides valuable reference information for users and industry observers, helping to better understand TRONs position and potential in the digital asset market.
Media reports indicate that TRON hit a record high in protocol revenue of $151.2 million in the third quarter of 2024, up 29% from the previous quarter. During this period, several key indicators of TRON achieved significant growth, including a 24% increase in market capitalization, a 4% increase in DeFi TVL, a 3% increase in stablecoin market capitalization, and a 150% surge in DEX daily average trading volume.
In addition, TRON has passed a series of proposals aimed at reducing transaction fees, further improving the cost-effectiveness of user transactions. As of the end of the third quarter, the circulation of TRONs USDT reached 58.94 billion US dollars, an increase of 3% from 57.06 billion US dollars in the previous quarter, accounting for more than half of the total circulation of USDT in the market.
In terms of ecological growth, on July 25, TRON officially launched the seventh season of the Hackathon Competition, attracting a large number of developers to develop projects on the TRON platform.
On September 10, 2024, TRON, in partnership with Tether and TRM Labs, announced the establishment of the T 3 Financial Crimes Unit (T 3 FCU) to combat cryptocurrency-related criminal activities.
TRON is developing a Bitcoin Layer-2 solution that aims to securely connect the Bitcoin ecosystem to TRONs massive stablecoin pool.
TRON is a community-governed decentralized autonomous organization (DAO) dedicated to accelerating the decentralization of the Internet through blockchain technology and distributed applications (DApps). TRON was founded by Justin Sun in September 2017 and has achieved many outstanding achievements since the launch of its mainnet in May 2018.
In recent years, TRON has performed well. According to TRONSCAN data, as of October 2024, the total number of TRON users exceeded 267 million, the number of transactions exceeded 8.7 billion, and the total locked value (TVL) exceeded US$16 billion.
Source: Blockchain Business News
Original link: http://www.qurcm.com/n/kuaixun/20241024806.html
