Revenue

Tron’s Revenue Reaches $2.12 Billion in 2024: Ethereum, Solana Trail Behind

Tron’s Revenue Reaches $2.12 Billion in 2024: Ethereum, Solana Trail Behind

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Tron’s (TRX) price reached an all-time high of $0.44 in the first week of December 2024, smashing previous records amid a crypto-wide bull run that gained steam after Donald Trump’s presidential win. TRX’s return to the 10th position by market capitalization has brought a sense of revival to the community, yet its price continues to […]

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2024 NFT Revenue Tops Last Year’s $8B Mark

2024 NFT Revenue Tops Last Year’s $8B Mark

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The broader non-fungible token (NFT) market has defied expectations after it surpassed last year’s revenue milestone. Data collected by CryptoSlam shows that with less than a week left before 2024 ends, NFT sales for the year have amounted to $8,717,920,832, edging out 2023’s tally by about $230,000. The Numbers Last year, the sector recorded more

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Tron’s Q3 2024 Revenue Grows by 6% in TRX Amidst Meme Coin Boom

Tron’s Q3 2024 Revenue Grows by 6% in TRX Amidst Meme Coin Boom

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The surge in meme coins significantly contributed to Tron’s record revenue of $151.2 million in Q3 2024. According to a report by Messari, the latest figure marks a 29% increase from the previous quarter. This growth can be largely attributed to the launch of SunPump, a platform designed specifically for launching meme coins. Activity on

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Coinbase Q2 Revenue Hits $1.45B, Net Income Drops Sharply

Coinbase Q2 Revenue Hits $1.45B, Net Income Drops Sharply

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Coinbase reported a total revenue of $1.449 billion for the second quarter, surpassing the market consensus estimate of $1.396 billion. However, this figure represents an 11% decrease from the first quarter, partly attributed to falling consumer transaction revenues. Coinbase’s Q2 consumer transaction revenues fell 29% to $665 million, down from $1.07 billion in Q1. However,

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Core Scientific Sees Revenue Surge in 1Q24 Post-Bankruptcy Emergence

Core Scientific Sees Revenue Surge in 1Q24 Post-Bankruptcy Emergence

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The leader in Bitcoin mining has announced its financial performance for the first quarter of 2024, revealing an improvement since its emergence from bankruptcy. The company reported a net income of $210.7 million compared to a net loss of $0.4 million for the same period in 2023. Core Scientific’s Q1 Results Total revenue surged to

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Farcaster’s Revenue Surges to $600,000 Following Frames Integration

Farcaster’s Revenue Surges to $600,000 Following Frames Integration

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Farcaster, an Ethereum Layer 2 Optimism-based decentralized social protocol, has seen its total revenue surge to $600,000. The platform’s rise has been likened to FriendTech, another decentralized social network, which attracted a lot of users initially until it grappled with high fees that led to its failure. Farcaster initially caught users’ attention in early December

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