TRON has generated approximately $1.1 million in revenue in the last 24 hours, marking a 56% increase from the previous day and significantly outpacing other major blockchains. According to data highlighted by TRON founder Justin Sun, the network's on-chain metrics reflect real demand, particularly from AI agents conducting transactions. In the same period, Base generated around $176,000, while Ethereum recorded only about $71,000.
Analysts from Kaiko have underscored this performance, revealing that in 2025, TRON was the only major blockchain to be profitable, raking in $624 million in revenue. In contrast, Ethereum generated $260 million and Solana $170 million, but both were deemed "deeply unprofitable" for token holders due to high inflationary costs from token issuance. Ethereum's inflation cost was $1.88 billion, and Solana's was $4.32 billion.
"This exposes an uncomfortable reality the market has largely ignored," wrote Kaiko research analyst Laurens Fraussen. He noted that while protocols weren't designed as traditional businesses, profitability matters increasingly for the investors and institutions now holding these tokens, partly driven by the arrival of spot crypto ETFs.
TRON's profitability is attributed to its role as the primary blockchain for stablecoin transactions, providing a steady utility-driven revenue stream. Furthermore, in 2025, the TRON network was destroying more of its native TRX token than it was issuing, creating a deflationary supply dynamic.
The trend signals a broader market shift where measurable utility, such as fees from real transactions, is becoming more critical than speculative trading. Justin Sun emphasized that AI agents are no longer theoretical but are actively selling and creating concrete on-chain activity, representing a transition from hype to actual use. Networks optimized for high speed and low cost, like TRON, appear well-positioned to benefit from this growing AI-driven demand.