Tron has surpassed both Ethereum and Solana in network revenue generation, according to data from decentralized finance aggregator DeFiLlama.

On Tuesday, Tron generated over $1.4 million in revenue within the past 24 hours. In comparison, Ethereum, the second-largest crypto network by market cap, accrued around $844,276 over the same period.

Data also indicated that Tron outperformed Solana in this metric. The Solana network generated $940,009 in 24-hour revenue, which was higher than Ethereum’s and the meme coin launchpad Pump.fun. Pump.fun generated about $867,429 in revenue over the last 24 hours.

TRON Revenue Over the Past Week

In addition to the past 24 hours, Tron has attracted more revenue compared to Ethereum and Solana over the past week.

Tron leads with accrued revenue of $8.67 million over the past seven days. Meanwhile, Ethereum recorded about $8.08 million, ranking second, and Solana followed with $6.38 million.

Although Tron has shown significant revenue growth over the past 30 days, it still lags behind Ethereum. In a month that saw spot Ethereum exchange-traded funds debut in the US, Ethereum’s revenue rose to over $52.48 million.

The Tron network comes second with a 30-day revenue of $40.2 million. Pump.fun outpaced Solana with about $25.83 million, while Solana’s revenue stood at $23.59 million. This far outperforms Lido, Uniswap, and Maker, which have $8.82 million, $8.1 million, and $7.32 million respectively.

What’s Coming Up for Tron?

Tron’s rising revenue coincides with a spike in developments aimed at bolstering ecosystem activity. Earlier this month, Tron founder Justin Sun outlined plans for a gasless stablecoin solution aimed at boosting the blockchain’s growth via free P2P transfers. This new feature is set to go live in the fourth quarter.

Tron has also seen the issuance of the USDT stablecoin on the platform surpass $60 billion, making it the first blockchain network to reach this milestone.

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