Tron network continues to dominate revenue metrics
The Tron network is ranked as the number one crypto ecosystem for revenue, generating $3.6 billion in the last year, according to data from Token Terminal.
Ethereum, by comparison, only generated $1 billion in revenue over the last year, despite ETH hitting all-time highs in August, and a market capitalization of about $539 billion — over 16× the TRX (TRX) market capitalization, which is just north of $32 billion.
Tron’s revenue is attributed to its role in stablecoin settlements. 51% of all circulating Tether USDt (USDT) supply has been issued on the Tron network.
The stablecoin market cap crossed $292 billion in October 2025 and has been steadily growing since 2023, according to data from RWA.XYZ.
Stablecoins are a major use case for blockchain technology, as governments attempt to increase the salability of their fiat currencies by placing them on crypto rails.
Blockchain rails allow currencies to flow between borders, with near-instant settlement times, minimal fees, 24/7 trading, and do not require a bank account or traditional infrastructure to access.
Magazine: Ether could ‘rip like 2021’ as SOL traders brace for 10% drop: Trade Secrets