TRON H2 2024: Dominating Stablecoin Ecosystem While Exploring AI Frontiers
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The second half of 2024 was a milestone period for the TRON network. It delivered record-breaking performance across key metrics, saw $TRX hit all-time highs, and experienced a surge in ecosystem activity driven by memecoin launches. Let’s break it all down. Key Highlights TRON led in the Price-to-Revenue ratio, maintaining a top-three position throughout the period. Fundamental blockchain metrics demonstrated TRON’s strength and competitiveness. A successful “vampire attack” on Solana drew significant attention to the TRON ecosystem. $TRX Reaches a New All-Time High The native token of the TRON blockchain achieved remarkable growth in early December, setting a new all-time high at $0.416. As of early 2025, the token’s price has adjusted to $0.225. At this price level, 94% of wallets holding $TRX are in profit. Historically, $TRX has displayed consistent upward price momentum. The token’s value generally increases over time, with major price drops occurring only after exponential growth cycles, which generally happens every four years. Importantly, the price has never returned to the previous lows of earlier cycles. This price behavior sets $TRX apart from many other large-cap altcoins, as holders of $TRX tend to remain profitable for most of their holding period. TRON Leads Across Key Blockchain Metrics The driving force behind TRON’s price behavior lies in its blockchain metrics. Among these, the price-to-revenue ratio stands out as a crucial indicator for fundamental analysis. At the start of H2 2024, before the native token’s price surge, TRON led the market with the lowest price-to-revenue ratio of 26.7. (A lower ratio indicates higher revenue relative to market capitalization.) While this metric is common in the tech sector of the stock market, it is exceptional in cryptocurrency. After the exponential price growth, the ratio has shifted but TRON remains among the market’s best. More than that, TRON has emerged…
Filed under: News - @ January 24, 2025 5:22 am