Tron has been performing exceptionally well in terms of revenue generation, surpassing Ethereum. Tron has generated over $54 million in fees this year, making it the second-most profitable token after Tether (USDT). In contrast, Ethereum has earned only $37 million.
Tron's network fees have surpassed Ethereum's in the last 180 days, with Tron accumulating fees totaling $1.8 billion compared to Ethereum's $822 million. This increase in revenue can be attributed to heightened network activity, driven by the launch of SunPump's meme coin generator.
Tron is also making significant progress in the stablecoin sector, with the network processing stablecoin transactions worth over $108 billion in a single day. The number of Tether holders on the Tron network has exceeded 58.9 million.
Tron's on-chain metrics are noteworthy, as the network ranks among the most deflationary tokens in the cryptocurrency industry. Recently, over 8.3 million tokens were burned, reducing the total supply.
Tron stakers enjoy a staking yield of 4.53%, surpassing that of Ethereum and Binance Coin (BNB).
From a technical perspective, TRX has shown a positive trend, trading above a key resistance level and an ascending trendline. Market analysts predict that TRX will continue its upward trajectory, with a psychological resistance level at $0.40.
Ripple has integrated Chainlink's blockchain technology to enhance the reliability of pricing data for its RLUSD stablecoin. This collaboration aims to increase RLUSD's utility across decentralized finance (DeFi) applications. Accurate pricing data is crucial for the effectiveness of DeFi applications, and Chainlink's decentralized network of oracles provides the necessary real-time and tamper-proof pricing information.
Ripple's price is currently trading at $2.43, with growing optimism regarding the potential approval of a spot Ripple ETF by the U.S. Securities and Exchange Commission (SEC) in 2025. The anticipated approval of a spot ETF could significantly impact Ripple's market presence and investor sentiment.