In 2024, Tron significantly outperformed Bitcoin and other altcoins, bolstering its user base. The network’s transactions surged, primarily due to the rise of stablecoins like USDT, which constituted nearly 98% of its stablecoin supply.

With the launch of the SunPump platform and substantial incentives, Tron experienced a surge in memecoins, creating over 94,000 new tokens. Additionally, Tron achieved over 2 billion USD in annual revenue, establishing itself as a leader in daily active addresses.