The blockchain industry is excited over the latest developments from Tron (TRX), Solana (SOL), and TMS Network (TMSN). From revenue growth to acquisitions and new trading platforms, there is plenty to talk about in the world of cryptocurrency.
Tron (TRX) raises over $48 million in Q4 2022
According to Messari, a financial data analytics firm, Tron Network (TRX), a blockchain platform, generated $47.9 million in revenue in Q4 2022, representing a 25% increase from the previous quarter. Tron (TRX) had a prosperous year despite Q4 events, as the blockchain platform spearheaded by Justin Sun generated around $48 million in revenue, which was 25% higher than Q3 numbers.
The Tron network (TRX) also experienced an upsurge in user count and network activity. In Q4, the number of daily active Tron Network (TRX) addresses surged from $2.6 million to $3.1 million, while daily transactions increased from $5.3 million to $6.5 million. Furthermore, Tron (TRX) has made several adjustments to improve its functionality and user experience while expanding its investment strategy.
With a $307 million trading volume over the past 24 hours, the current live Tron (TRX) price is $0.06. On the previous day, Tron (TRX) increased by 3.33%.
Solana Monkey Business (SMB) now has a new holder Solana (SOL)
Solana (SOL) has acquired Solana Monkey Business (SMB), among the initial and high-value NFT projects on the blockchain. Hudswap, a Solana (SOL) NFT marketplace, revealed that it has procured the project’s intellectual property (IP) rights.
Solana Monkey Business (SMB) is one of the pioneering projects in the nascent Solana (SOL) NFT market, starting in June 2021 with the launch of 205 pixel-based collectibles depicting a monkey in space. Its sizable Gen2 collection comprises over 5,000 NFT Profile Pictures (PFPs), which have gained prominence among Solana (SOL) collectors in the past year.
CryptoSlam data reveals that SMB produced the highest trading volume (in USD) among all Solana (SOL) projects, totaling roughly $159 million. This is primarily because during the peak of Solana (SOL) price in late 2021, it was highly favoured, as opposed to its current value of around $20.
With a $830 million 24-hour trading volume, the current live Solana (SOL) price is $21.91. In the previous 24 hours, Solana (SOL) has increased 7.80%.
TMS Network (TMSN) set to create a revolution in trading world
TMS Network (TMSN) has created a decentralized trading platform to revolutionize the traditional trading model by making it available, efficient, and secure. TMS Network (TMSN) eliminates the need for intermediaries, thereby reducing expenses and allowing faster and more effective transactions. TMS Network (TMSN) is designed to be user-friendly, with an intuitive interface that makes it easy to navigate and trade.
TMS Network (TMSN) trading commission is the main revenue generator. Each trade of TMS Network (TMSN) carries a small commission, which adds to the platform’s and its users’ earnings. The commission percentage is based on the trade volume, and is distributed automatically to TMS Network (TMSN) token holders using smart contracts. This revenue-sharing mechanism motivates TMS Network (TMSN) token holders to increase trading volume, leading to a profitable platform growth.
What’s even more remarkable is that TMS Network (TMSN) offers a low minimum investment of just $0.0047, making it accessible to traders and investors who may have been previously excluded from such opportunities.
Join the TMS Network revolution today and witness a new world of possibilities in the future of trading.
The blockchain industry is constantly evolving, and the latest developments from Tron (TRX), Solana (SOL), and TMS Network (TMSN) demonstrate the tremendous potential and growth of the cryptocurrency world.