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DeFi

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TRON

Tron’s new memecoin launchpad, SunPump, has helped the blockchain earn a record $151.2 million in the third quarter. Crypto analytics platform Messari reports this is almost a 30% increase compared to the last quarter. 
Between August 12 and September 30, over 89,000 new tokens were launched on SunPump, leading to a remarkable 487% surge in Tron’s decentralized finance transactions. 
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 Source:&nbsp;<a href="https://x.com/MessariCrypto/status/1847042613188481107" target="_blank" rel="noreferrer noopener nofollow">X</a>
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The excitement began on August 16, with activity skyrocketing in the following weeks. Notably, during this time, more than 270 million TRON (TRX) tokens were burned, equivalent to around $42 million—about 27% of Tron’s total Q3 revenue. 
The launch frenzy peaked on August 20, when more than 7,500 tokens were launched in a single day. However, this momentum slowed in September, with daily token launches dropping to under 1,000. 
Among the new tokens, SunDog (SUNDOG) emerged as the largest memecoin, boasting a market cap of $217 million. Tron’s market cap also rose, increasing 24% to $13.5 billion by the end of the quarter. 
Despite a slight decrease in total value locked (TVL) in DeFi protocols, which fell to $6.98 billion, the blockchain continues to attract attention. Tron’s average daily transactions reached 7.2 million, showcasing the platform’s growing popularity in the crypto space. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
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Tron Hits All-Time High Revenue of $151.2 Million in Q3

The Crypto Times

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