Justin Sun: “Tron Protocol Revenue was $5.33 million... #1 of Blockchains”
CryptoNewsTerminal Staff22 Aug, 2024
Justin Sun: “Tron Protocol Revenue was $5.33 million... #1 of Blockchains”
Justin Sun: “Tron Protocol Revenue was $5.33 million... #1 of Blockchains” Tron (TRX) founder Justin Sun reported via Twitter that the "Tron Protocol revenue reached an all-time high of $5.33 million, ranking first among blockchains." He added, "Don't short TRX while I'm asleep because I can wake up anytime." Tron is a decentralized blockchain platform that allows developers to build and deploy decentralized applications (dApps). The platform has its own native cryptocurrency, TRX, which is used to pay for transaction fees and to vote on governance proposals. In recent months, Tron has seen a surge in popularity, due in part to its focus on scalability and low transaction fees. The platform has also been boosted by the launch of several high-profile dApps, including BitTorrent and Steemit. Sun's comments come at a time when the cryptocurrency market is experiencing a period of volatility. The price of TRX has fallen by more than 50% since its all-time high in January 2018. However, Sun remains optimistic about the future of Tron, and he believes that the platform is well-positioned to become a leading player in the blockchain industry.
