Tron (TRX) Dominates Revenue Generation, Surpassing Ethereum and Other Major Blockchains
In a remarkable display of growth and adoption, Tron (TRX) has outperformed Ethereum and other leading blockchain networks in revenue generation over the past 30 days. With $35.4 million in protocol revenue, Tron's earnings nearly quadrupled Ethereum's $9.1 million, solidifying its position as the highest-earning blockchain. This surge is largely driven by robust stablecoin activity on the Tron network. Meanwhile, Base and Binance Smart Chain followed with $8.37 million and $3.81 million, respectively, while Solana trailed closely at $3.74 million. In the last 24 hours alone, Tron maintained its dominance, generating $1.21 million in revenue, further highlighting its competitive edge. As of November 18, 2025, Tron's performance underscores its growing influence in the cryptocurrency space, making it a blockchain to watch in the evolving digital asset landscape.
Tron Outperforms Ethereum in Revenue Generation Driven by Stablecoin Activity
Tron has emerged as the highest-earning blockchain network, generating $35.4 million in protocol revenue over the past 30 days—nearly four times Ethereum's $9.1 million. Base and Binance Smart Chain followed with $8.37 million and $3.81 million, respectively, while solana trailed closely at $3.74 million.
In the last 24 hours alone, Tron maintained its dominance with $1.21 million in revenue, far outpacing Base ($196,494), ethereum ($146,786), and Solana ($100,989). The network's economic model, optimized for high transaction throughput and stablecoin settlements, has solidified its position as a profitability leader.
Initially perceived as just another Ethereum competitor, Tron has evolved into a critical infrastructure for global stablecoin transactions. In 2024, it accrued $2.15 billion in total fees, narrowly trailing Ethereum's $2.48 billion. Current data suggests Tron is now leading the stablecoin market.
Altcoin Derivatives Activity Thins as Open Interest Hits Cycle Lows
Speculative interest in altcoin futures has dwindled to near cycle lows, with open interest across derivatives markets plunging since mid-October. Glassnode's latest data reveals a broad cooldown in Leveraged positions, signaling reduced risk appetite among traders.
The decline in open interest—a key metric tracking outstanding derivatives contracts—suggests thinning market participation. While Bitcoin remains the dominant force in crypto derivatives, altcoins have seen particularly sharp contractions. This trend often precedes periods of subdued volatility as leverage unwinds.
Exchange data shows uniform declines across platforms including Binance, Bybit, and OKX, with no single altcoin bucking the downward trajectory. The pullback follows months of elevated activity during the recent market rally, as traders now appear to be consolidating positions.
WINkLink Price Outlook: Projections Show Potential Growth Through 2031
WINkLink (WIN), a TRON-based oracle solution, demonstrates long-term bullish potential despite recent bearish pressure. Technical indicators currently show extreme fear (14 on F&G index) with 47% green days over the past month. The token trades at $0.00003331, down 1.86%, as selling pressure mounts.
Price projections suggest a possible 82% increase to $0.00006072 by 2025. The 2028 forecast anticipates a range between $0.000142-$0.000162, while 2031 targets could reach $0.000263 - representing nearly 8x growth from current levels. Market cap stands at $33.05M with $10.76M daily volume across exchanges.
TRON's ecosystem integration remains a key strength, though WIN struggles to reclaim its April 2021 ATH of $0.002894. The 200-day SMA at $0.00005344 suggests significant recovery potential if bullish momentum returns.
