Tron Dominates Blockchain Revenue Despite Smaller Market Cap

Stablecoin activity propelled Tron to the top in blockchain revenue despite a smaller market cap, according to recent data. The network raked in $3.6 billion in 2024 alone, largely driven by stablecoin transfers, outperforming competitors even as trading activity slowed in September. This trend highlights a shift away from speculation-driven revenue models towards utility-based blockchain economics.