Tron Hits All-time High of $2M In Daily Fees
![Tron Hits All-time High of $2M In Daily Fees](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2F5a10162628cdf92f15eddf2a6a01612bde3cec71-1792x1024.webp&w=1200&q=75)
Amid a red-hot crypto market, Tron, a blockchain whose native TRX token is the 12th largest digital asset, is generating nearly $2 million of daily protocol revenue – an all-time high.
![Tron Protocol Revenue chart](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2Ff18c283b10a55eec46ebc1ff0a291f5bbf950cb7-1272x908.jpg&w=1200&q=100)
Justin Sun, the controversial and colorful founder of Tron, confirmed the milestone on X.
Tron occupies a unique space in crypto — the project has carved out a niche as the network of choice for stablecoin transfers. While this is a strong sign that the platform has a degree of utility many crypto projects lack, Tron doesn’t necessarily have the support of the broader digital asset space — for example, Circle, the issuer of USDC, crypto’s second largest stablecoin, said it would discontinue support the Tron blockchain last week.
Ethereum co-founder Vitalik Buterin has also criticized Tron in the past.
Regardless, it remains the blockchain with the most active users, according to data from Coin98.
![Daily active users by blockchain chart](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2Fa91759496f88d3721365718861cd2e9a9a109e1a-2500x1406.png&w=1200&q=100)
TRX, like most digital assets, has rallied in 2024 — the token has gained 30% this year and sits at $0.14 today.
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