TRON Network’s revenues grew dramatically in August, whereas Ethereum experienced a noticeable decrease.
Lookonchain has shared some data about TRON.TRX) monthly revenue increased by 46.5% — rising from $41.9 million in July to $61.4 million in August. This network comes second only to Ethereum.ETHIn August, the company generated $62.6 Million in revenues.
Ethereum’s revenues have dropped by 33% from the $94 million level of July.
A crypto.news article states that TRON has a revenue of $1,200 per day reached an all-time high 533 millions dollars on August 22. surpassing Ethereum. It happened right after Ethereum. TRONSunPump is a meme coin-based platform. Pump.fun, the competitor to, has gained more attention from traders and investors.
Lookonchain data shows that Solana is (SOLThe third place was secured by, with an income of $25.6 million per month. Notably, Solana’s income was almost cut in half in August — falling from $49.8 million.
BitcoinBTC) also recorded a 16.8% decrease in its monthly revenue — dropping from $24.9 million in July to $20.7 million in August.
Per Lookonchain’s data, Binance Smart Chain’s monthly revenue increased by 6.6% — growing from $10.5 million in July to $11.2 million last month.
Data from Crypto.news shows that the number of people who use cryptocurrency has increased. price pageThe only token on the list that has seen a significant price increase in the last 30 days is TRX, which represents a 22 percent rise. BTC and ETH have fallen by 4,4% and 16% respectively over the last 30 days.
Binance CoinBNBSOL and ) both saw a 2% and 6% drop in the last month.
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Source: crypto.news