Key Takeaways:
- Tron surpasses Ethereum: Tron generated $1.42 million in the last 24 hours, compared to Ethereum’s $844,276.
- Revenue Comparison: Over the past 7 days, Tron earned $8.67 million, while Ethereum earned $8.08 million.
- Long-term Performance: Despite the recent surge, Ethereum led the past 30 days with $52.48 million, followed by Tron’s $40.2 million.
Since July 23, Tron has outpaced Ethereum in revenue generation, earning $1.42 million in the last 24 hours compared to Ethereum’s $844,276.
Despite Ethereum’s spot Ether ETFs launch driving $2.2 billion in inflows, Tron still led in seven-day revenue with $8.67 million versus Ethereum’s $8.08 million.
JUST IN: TRON OUTPERFORMS ETHEREUM IN REVENUE SINCE JULY 23; TRON’S SEVEN-DAY REVENUE HITS $8.67M, PULLING AHEAD OF ETH’S $8.08M
— BSCN Headlines (@BSCNheadlines) July 30, 2024
Solana followed, generating $940,009 in 24 hours but $6.38 million over seven days.
Over the past 30 days, Ethereum remains the top earner with $52.48 million, followed by Tron’s $40.2 million.
According to @lookonchain, here are the top 4 highest-earning crypto projects:
— OKX Ventures (@OKX_Ventures) July 30, 2024
1️⃣ Tron: $1.42M in 24h, $8.67M in 7d
2️⃣ Solana: $940K in 24h, $6.38M in 7d
3️⃣ Pump: $867.4K in 24h, $6.31M in 7d
4️⃣ Ethereum: $844.3K in 24h, $8.08M in 7d
The crypto market continues to thrive!… pic.twitter.com/Y7CYfcLPfp
Tron’s recent surge is attributed to a forthcoming gasless stablecoin solution for peer-to-peer transfers, set for late 2024.
However, Tron’s total value locked (TVL) dropped to a six-month low, indicating investor withdrawals, with a significant concentration in the JustLend application.
About The Author
Victor Fawole, a seasoned Web3 content creator and social media influencer, excels in bringing the pulse of the crypto world to our readers.
With a keen eye for emerging trends and a talent for engaging storytelling, Victor’s articles offer a fresh perspective on the ever-evolving digital currency landscape.
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