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<p>Tron is making headlines in the crypto world <a href="https://coinpedia.org/news/tron-price-prediction-can-trx-overcome-market-challenges/" target="_blank" rel="noreferrer noopener">with impressive growth</a> over the past ten months. Its new memecoin platform, SunPump, has launched over 90,823 tokens, leading to a remarkable 487% increase in activity. This surge has pushed Tron’s quarterly revenue to a record-breaking $151.2 million, marking a 30% jump from the previous quarter.</p>   
<p>With Tron's strong performance, many are wondering if this momentum will drive the price of <a href="https://coinpedia.org/price-analysis/why-tron-is-set-to-rise-the-deflationary-trend-explained/" target="_blank" rel="noreferrer noopener">Tron’s native token (TRX)</a> higher.</p>   
<h2 class="wp-block-heading" id="h-new-highs-for-tron-ahead">New Highs for Tron Ahead? </h2>   
<p>In August, the launch of SunPump attracted many meme coin creators and traders, significantly increasing platform fees. These fees add to the usual earnings from token and USDT transfers, creating a profitable environment for users.</p>   
<p><strong>A Surge in Token Launches</strong></p>   
<p><a href="https://dune.com/maditim/sunpump" target="_blank" rel="noreferrer noopener nofollow">Data from Dune</a> shows that since early August, over 90,800 meme coins have been launched on Tron through SunPump. The excitement peaked on August 20, when more than 7,500 tokens were released in a single day, highlighting SunPump’s crucial role in Tron's growth.</p>   
<p>While token launches slowed in September, Tron's growth remained strong. This led to the burning of over 270 million TRX tokens, worth $42 million, which made up 27% of the quarter's revenue. Consequently, Tron’s quarterly revenue reached $151.2 million in the third quarter, reflecting nearly a 30% increase from the prior quarter.</p>   
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<h2 class="wp-block-heading" id="h-sundog-memecoin-leads-the-way">SunDog Memecoin Leads the Way</h2>   
<p>Among the many tokens launched, SunDog (SUNDOG) quickly became the largest memecoin, reaching a market cap of $217 million. This success significantly contributed to a 24% increase in Tron's overall market cap, which ended the third quarter at $13.5 billion.</p>   
<p>In addition to the surge in token launches, Tron’s blockchain recorded an impressive average of 7.2 million daily transactions. Although the total value locked (TVL) in DeFi slightly decreased to $6.98 billion, Tron continues to attract considerable interest from investors and developers alike.</p>   [post_titles_links postid="368463"]   
<h2 class="wp-block-heading" id="h-tron-trx-price-prediction">Tron (TRX) Price Prediction</h2>   
<p>As the Tron blockchain reaches new heights, many investors believe that the price of Tron coin could surge back to its previous all-time high of $0.30.&nbsp;</p>   
<p>Currently, the <a href="https://coinpedia.org/price-prediction/trx-tron-price-prediction/" target="_blank" rel="noreferrer noopener">TRX price</a> has broken above a rising wedge pattern, facing immediate resistance at $0.172. If Tron can break above this level, it may pave the way for higher targets around $0.21 &amp; $0.30. As of now, Tron is trading around $0.16, reflecting a slight drop over the last 24 hours.</p>   
<p>On the other hand, if the price of Tron falls below $0.172, it could signal market weakness. In that case, the asset may find support at lower levels around $0.1540, $0.1500, and $0.1470.</p>   
<p><strong>What do you think? Will Tron’s momentum lead TRX to new heights, or are we in for a bumpy ride?</strong></p>

Tron Breaks Records With $151.2M Revenue – TRX Price to Hit $0.30 Next?

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