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Tron Outpaces Ethereum And Solana In One Measure Of Network Revenue

TL;DR: DefiLlama’s chain-revenue figures put Tron at roughly $23.4 million over 30 days, ahead of Ethereum and Solana combined on that specific measure.

A look at blockchain fee revenue offers a different picture of the market from token prices and headline transaction counts. In DefiLlama’s latest 30-day chain figures, Tron recorded approximately $23.4 million, compared with around $6.3 million for Ethereum and $3.4 million for Solana in the same category.

That is a substantial gap, but the category needs explaining. The dashboard’s figures reflect its defined chain-revenue methodology, including TRX fees burned on Tron. They are not a comprehensive comparison of every dollar earned by applications, validators or infrastructure providers across the three ecosystems.

Tron’s position is closely tied to stablecoin usage, particularly USDT. The network has become an important route for moving dollar-denominated tokens, especially in markets where transfer costs and familiarity matter more than the latest DeFi application.

Revenue can tell us something about how much economic activity a network captures, though it does not measure decentralisation, developer adoption or the long-term value of a token. Fee policy also differs considerably between chains.

That’s why the comparison is worth watching rather than turning into a sweeping conclusion about which blockchain has won. A network can generate more revenue in one category while its rivals lead on liquidity, application activity or other measures.

As with all live dashboards, the figures will continue moving after publication.

Written by the News Desk and edited by Samuel Rae.

Tron Outpaces Ethereum And Solana In One Measure Of Network Revenue

TL;DR: DefiLlama’s chain-revenue figures put Tron at roughly $23.4 million over 30 days, ahead of Ethereum and Solana combined on that specific measure.

A look at blockchain fee revenue offers a different picture of the market from token prices and headline transaction counts. In DefiLlama’s latest 30-day chain figures, Tron recorded approximately $23.4 million, compared with around $6.3 million for Ethereum and $3.4 million for Solana in the same category.

That is a substantial gap, but the category needs explaining. The dashboard’s figures reflect its defined chain-revenue methodology, including TRX fees burned on Tron. They are not a comprehensive comparison of every dollar earned by applications, validators or infrastructure providers across the three ecosystems.

Tron’s position is closely tied to stablecoin usage, particularly USDT. The network has become an important route for moving dollar-denominated tokens, especially in markets where transfer costs and familiarity matter more than the latest DeFi application.

Revenue can tell us something about how much economic activity a network captures, though it does not measure decentralisation, developer adoption or the long-term value of a token. Fee policy also differs considerably between chains.

That’s why the comparison is worth watching rather than turning into a sweeping conclusion about which blockchain has won. A network can generate more revenue in one category while its rivals lead on liquidity, application activity or other measures.

As with all live dashboards, the figures will continue moving after publication.

Written by the News Desk and edited by Samuel Rae.

Rocket Report: FAA eyes more Starbase traffic; India's Skyroot snares US customer

Welcome to Edition 9.15 of the Rocket Report! The launch I'm most looking forward to in the next few weeks is that of Japan's Martian Moons Exploration (MMX) mission. MMX is one of the marquee space science missions launching this year, and it's set to leave Earth as soon as Monday (US time) aboard a Japanese H3 rocket. The spacecraft will visit Phobos and Deimos, the two asteroid-like moons of Mars, deploying a rover and collecting specimens for return to Earth in 2031. Exploration at its finest.

As always, we welcome reader submissions, and if you don't want to miss an issue, please subscribe using the box below (the form will not appear on AMP-enabled versions of the site). Each report will include information on small-, medium-, and heavy-lift rockets as well as a quick look ahead at the next three launches on the calendar.

Reflect Orbital looks to India for launch capacity. California-based Reflect Orbital, the startup attempting to offer sunlight on-demand with in-space mirrors, announced the purchase of two launches Wednesday from Indian launcher Skyroot Aerospace, Payload Space reports. One of the launches will use Skyroot's Vikram-1 rocket, which became the first privately developed Indian rocket to reach orbit in July. The other will fly on an upgraded rocket called the Vikram-1U.

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Tech Moves: Microsoft AI exec joins Niantic Spatial; Allen fund names first investment chief; Zillow AI leader heads to Stripe

Dave Citron. (Photo courtesy Niantic Spatial)

β€” Niantic Spatial hired Dave Citron as chief product officer. He joined from Microsoft AI, where he was corporate vice president of product on the Superintelligence team and helped build and launch Microsoft’s first frontier foundation models.

San Francisco-based Niantic Spatial, spun out of PokΓ©mon Go maker Niantic, builds spatial AI models and services, including a visual positioning system trained in part on images crowdsourced from PokΓ©mon Go players. The company has an engineering team in Bellevue, Wash.

The Seattle-area executive was previously senior director of product for the Gemini app at Google DeepMind and worked on Google Meet and Google Duo. He began his career at Microsoft in 2005, helping take OneDrive from its first release to more than 200 million monthly users.

β€œAI is remarkably good at reading and writing, but it still doesn’t understand the physical world well enough to act in it safely,” Citron said in the announcement.

Jane Dietze. (Brown University Photo)

β€” The Fund for Science and Technology, the Seattle-based foundation responsible for giving away a large portion of the late Microsoft co-founder Paul Allen’s fortune, named Jane Dietze its first chief investment officer. She starts Jan. 4, 2027, after finishing the year at Brown University, where she has held that role since 2018.

Brown says its endowment grew from $3.2 billion to $8 billion over the 10 years through fiscal 2025. Her deputy, Joshua Kennedy, will succeed her. Dietze previously held investment roles at Bowdoin College, Fortress Investment Group and Columbia Capital.

The foundation launched publicly in August 2025 with a mandate to deploy at least $500 million over four years in bioscience, the environment and AI for good. It also funds the Allen Institute and Ai2, the Allen Institute for AI.

The fund started with a $3.1 billion endowment from Allen’s estate and is expected to oversee a large portion of the proceeds from the sale of Allen’s sports teams. Its first CEO, Lynda Stuart, stepped down in May.

Nicholas Stevens. (LinkedIn Photo)

β€” Nicholas Stevens joined payments giant Stripe as head of product for agentic commerce, working from Seattle, after a decade at Zillow. He was most recently Zillow’s vice president of product for AI and data, leading product strategy for the company’s AI products and data platform.

His LinkedIn profile notes that he drove the partnership that made Zillow one of seven global launch partners for OpenAI’s ChatGPT apps platform. He previously worked in product at Prismatic.

β€œI believe AI buying & selling on your behalf can be magical,” he wrote.

β€” Scowtt, a Kirkland, Wash.-based startup that uses AI to predict which sales prospects will become customers, named Ben Trenda chief revenue officer. Trenda is an ad tech veteran who worked at Overture/Yahoo, AOL and Rubicon Project, and co-founded iSocket. Scowtt says it is approaching $10 million in annual recurring revenue.

Emily Levesque. (Photo courtesy AAS)

β€” The American Astronomical Society named University of Washington astronomy professor Emily Levesque the next editor in chief of its journals, including The Astrophysical Journal. She takes charge in August 2027, succeeding Ethan Vishniac.

β€” ThriftBooks, the online used-book seller founded in Seattle in 2003, named Carla Anderson Skogland chief financial officer. She had been interim CFO since April. Anderson Skogland, who is based in the Seattle area, was previously CFO of Sono Bello. She spent 11 years at Amazon, and earlier worked at T-Mobile and for more than 15 years at Starbucks.

β€” Michael Mann is stepping down as executive director of Clean & Prosperous, a climate policy group that backed Washington’s Climate Commitment Act, once a successor is chosen. He took over on an interim basis from the late founder David Giuliani and led the group for five years. Mann, founder of consulting firm Cyan Strategies, previously led the City of Seattle’s Office of Sustainability and Environment.

Lani Ramos. (LinkedIn Photo)

β€” Lani Ramos joined Yoodli, a Seattle startup that uses AI roleplays for communications training, to build its renewals function. Ramos spent 13 years at Tableau and Salesforce, most recently as director of renewal for North America.

β€” Former Starbucks CFO Rachel Ruggeri joined the board of San Diego-based Jack in the Box. Ruggeri, a Seattle-area finance leader, spent more than two decades at Starbucks and was its CFO from 2021 to March 2025. She also serves on the board of Stryker.

β€” Victor Fetter is stepping down at the end of the year as chief technology and business systems officer at Everett, Wash.-based Fortive after nearly seven years. Rich Noonan, Fortive’s chief information security and technology operations officer, will become CIO. Fetter, who is based in Mississippi, plans to expand his board work and angel investing.

β€” And in case you missed it:

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