October Was the Second Busiest Month for TRON, But That Means…

October Was the Second Busiest Month for TRON, But That Means…

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TRON’s revenue in October marked a significant achievement, standing out as one of its best months financially…

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  • TRON generated $205 million in monthly revenue for October, ranking as its second-highest
  • Despite the surge in transaction volume and revenue, TRON has seen a decline in its Total Value Locked (TVL) recently
TRON [TRX] has experienced an impressive month, setting a milestone for revenue generation. Recent insights from Justin Sun reveal that the network earned $205 million last month. This figure represents TRON’s second-best monthly result after reaching $220 million back in August. p > The rise can be attributed to heightened transaction activity driven by increased enthusiasm for memecoins within the TRON ecosystem. p > Nevertheless, despite rising revenues, there’s been a downturn in TRX’s Total Value Locked (TVL), indicating mixed outcomes from recent performance trends. p >Tron’s remarkable fiscal achievement continues to attract attention. p >October emerged as a critical month for TRON with recorded earnings of $205 million – making it only second to August’s peak of $220 million.

Data from DefiLlama indicated an uptick in transaction activity during June that stayed consistent through to August.

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