BEAMSTART Logo

TRON Records Second-Highest Revenue in October at $205 Million, Claims 43% of Altcoin Transaction Share

Coinpedia LogoCoinpedia12h ago

TRON Records Second-Highest Revenue in October at $205 Million, Claims 43% of Altcoin Transaction Share - Coinpedia

Quick Summary:

The TRON network has reported $205 million in revenue for October, marking it as the second-highest monthly revenue in its history.

On the other hand, if TRX encounters resistance and undergoes a pullback, it could still attract interest because of its integral role in the stablecoin ecosystem and the increasing use of its blockchain for transactions.

While TRON’s on-chain metrics are showing strong performance, the market price of its native token, TRX, has also experienced positive trends in recent weeks.

More Pictures

TRON Records Second-Highest Revenue in October at $205 Million, Claims 43% of Altcoin Transaction Share - Coinpedia (Picture 1)TRON Records Second-Highest Revenue in October at $205 Million, Claims 43% of Altcoin Transaction Share - Coinpedia (Picture 2)

or

Article Details

Author / Journalist: Shayan Chowdhury

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-01 @ 15:23:44 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 425 words

Reading Time: 3 minutes read

Sentences: 22 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 23365363

View Article Analysis

About Coinpedia

Coinpedia Logo

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 22 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #112

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "TRON Records Second-Highest Revenue in October at $205 Million, Claims 43% of Altcoin Transaction Share" has 425 words across 22 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Which news outlet covered this story?

The story "TRON Records Second-Highest Revenue in October at $205 Million, Claims 43% of Altcoin Transaction Share" was covered 12 hours ago by Coinpedia, a news publisher based in United States.

How trustworthy is 'Coinpedia' news outlet?

Coinpedia is a fully independent (privately-owned) news outlet established in 2016 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 22 news stories per day.

It's most recent story was published 9 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #23365363
  • URL: https://beamstart.com/news/tron-records-second-highest-revenue-17304752135427

More News from Coinpedia

Latest Jobs

More Crypto News

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

Our Company

© Copyright 2024 BEAMSTART. All Rights Reserved.