Tron Records $23.41 Million in Burn Revenue, Surpassing Ethereum and Solana Combined
Key Facts
The Tron network generated $23.41 million in revenue over the past 30 days, exceeding the combined revenue of the Ethereum and Solana blockchains, according to a DefiLlama snapshot on October 20, 2026. Ethereum's revenue totaled $6.34 million over the same window. Solana recorded revenue of $3.41 million over the same period. This lead applies to base-layer revenue, with revenue from applications operating on each network counted separately. Over the past 7 days, Tron's revenue reached $5.8 million, compared with $500,284 for Ethereum. Solana recorded revenue of $784,214 over the weekly period, according to the platform. Over the past 24 hours, Tron's chain revenue totaled $554,976.
DefiLlama defines Tron's chain revenue as "the value of TRX fees burned," the metric used in the monthly comparison across blockchains. In application activity, Ethereum and Solana ranked ahead of Tron over the past 24 hours, according to the same platform. Revenue from applications operating on Tron totaled $35,826, reported separately from fees burned on the base layer. By comparison, Ethereum applications generated $1.49 million in revenue over the same daily period. Solana application revenue reached $4.75 million, exceeding application revenue on the other two networks. Solana also recorded chain fees of $781,529 over the past 24 hours, alongside revenue generated by applications operating on it.
Tron hosts stablecoins with a total value of $94.868 billion, according to DefiLlama's snapshot dated October 20, 2026. USDT accounts for 97.77% of that value, making it the dominant stablecoin on the network. The total value of stablecoins on Tron fell 0.45% over the past 7 days, despite continued extensive transaction activity. The network recorded 3.73 million active addresses over the past 24 hours. During the same daily window, Tron recorded 12.32 million transactions, according to the platform's figures. Trading volume on decentralized exchanges operating on the network totaled $24.71 million, alongside on-chain transfer and transaction activity.
On the operational front, Tron's report for the third quarter of 2026 said stablecoin settlements on the network reached $2.2126 trillion during the quarter. Settlements rose 5.1% from $2.106 trillion in the second quarter, according to the report issued by TRON DAO's research unit. Average daily fees, meanwhile, fell 4.0% quarter on quarter. The average stood at $7.62 million, compared with $7.94 million in the second quarter, under the fees category in the quarterly report. In transaction execution, smart contract calls consume Energy resources, according to Tron's developer documentation. Available Energy can cover part of the execution cost on the network. TRX is burned to cover the remaining cost incurred by the caller after available Energy is exhausted, according to the documentation.
September brought announcements concerning smart contract development tools and investment exposure to the network's token, according to statements published by TRON DAO. In an announcement dated September 24, 2026, OpenZeppelin said its smart contract libraries had become available for the Tron network. The rollout included the company's secure development suite, alongside libraries used to build smart contracts. In a separate statement dated September 29, 2026, TRON DAO discussed the Canary Staked TRX fund, listed on Cboe. The statement said the fund seeks to provide exposure to the token's spot price, adding an exchange-traded investment vehicle to the network's operational and development activity.
In payments, Tron announced support for its network through Polygon's Open Money Stack, according to the statement concerning the integration with Polygon Labs. The integration adds a channel connecting payment and liquidity applications operating on Tron with traditional financial infrastructure. The statement said "Polygon's Open Money Stack now supports the Tron network," announcing the availability of support within the stack's existing infrastructure. Expected next steps include making additional assets and markets available over time, according to the announcement. The statement also anticipates additional payment capabilities as part of this expansion, alongside the announced connection for payment and liquidity applications on the network.