The post Tron Highest Revenue Generating Blockchain Over Ethereum and Solana – Could Rollblock Be Highest Revenue Sharer? appeared on BitcoinEthereumNews.com.

Tron has recently emerged as the biggest earner in all of crypto , beating its rivals Ethereum and Solana who cannot compete with Tron’s earning potential. Another cash-generating powerhouse is Rollblock (RBLK), a highly disruptive crypto casino that is being tipped to make staggering 100x gains this cycle thanks to its huge potential to take a bite out of the online gambling sector. Let’s dive into the details… Tron (TRX) Overtakes Ethereum And Solana In Revenue During Summer Meme Boom Tron’s reported revenue for Q3 of 2024 grew by 6% thanks to its impressive meme-coin boom this year. This has contributed to Tron’s record revenue of $151.2 million during Q3. The SunPump meme launchpad started to surge in August and then went on a tear over the following few weeks, causing more than $42 million worth of Tron to be burned in the process. Notably, on August 21st, $34.7 million Tron tokens were removed from supply – the highest burn in Tron’s history.  Tron is currently up 1.8% today to reach $0.16, and looks set to make new all-time highs in the days to come as it sets its sights on its rivals Ethereum and Solana. Ethereum (ETH) Losing Share To Solana As Eth Dominance Falls Off A Cliff Ethereum has painted a woeful chart in the last few weeks, as it has completely missed out on the wider market pump and seems stuck at $2.5k. While other chains such as Solana offer faster, cheaper transactions with a focus on increasing throughput and accessibility, Ethereum has lost a good deal of revenue thanks to its use of Layer 2 chains which draw profits away from the mainnet.  Ethereum has lost 3% in the last 7 days, causing Ethereum dominance to fall to 13.2%- well below the previous bull market levels…

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Filed under: News - @ October 27, 2024 11:11 am