• Tron generated $48 million in revenue in Q4 2022, a 25% increase compared to Q3.
• Average active daily addresses and average daily transactions surged from 2.6 million and 5.3 million respectively in Q3 to 3.1 million and 6.5 million in Q4 2022.
• The success of Tron during the fourth quarter of 2022 was achieved despite unfavorable macroeconomic conditions and the crash of Terra, FTX, and other cryptocurrency platforms earlier in the year.
Tron Generates $48 Million Revenue During Q4 2022
A recent research by Messari revealed that Tron generated a revenue of $47.9 million in the last quarter of 2022, a 25% increase compared to the previous quarter (Q3). This success was achieved despite the unfavorable macroeconomic conditions throughout the year as well as the crash of Terra, FTX and other cryptocurrency platforms earlier on.
Average Active Daily Addresses Increase
The research further highlighted that average active daily addresses increased from 2.6 million in Q3 to 3.1 million during Q4 2022, while average daily transactions also rose from 5.3 to 6.5 million within this period. In addition, average transactions per second climbed from 62 to 76 over the same time frame.
Q2 Still Most Productive Quarter for Tron
Despite its impressive performance during the fourth quarter of 2022, it is worth noting that Tron’s most productive quarter remains Q2 which saw it generate a profit of $48