Blockchain moni don drop 16% for September as Tron pass $3.6B
Blockchain moni drop 16% month-to-month for September as market calm down and low volatility reduce network fee dem. Tron lead yearly blockchain money wit $3.6B, wey stablecoins dey power am—51% of USDT supply dey for inside their network—while Ethereum make about $1B even though their market cap big pass 16 times. September moni: Ethereum drop 6%, Solana fall 11%, and Tron fees fall 37% after August vote wey dem half gas charges. Volatility also cool down: Ether volatility drop 40%, SOL down 16%, and Bitcoin go down 26%, wey stop high fee trading. Stablecoin market cap pass $290B, showing how stablecoins dey support network moni even as blockchain revenue go down overall.
Bullish
Tron leadership for blockchain money dem and strong stablecoin activities dey show say network adoption dey grow plus revenue dey steady, and dis good tin for TRX price. For short term, market fit react well to Tron strong $3.6 billion yearly revenue plus di halving of gas fees wey fit make people do more transaction dem. For long term, di ongoing stablecoin settlements and revenue wey no too change even though fees dey fall show say Tron get competitive edge. Even though blockchain earnings generally drop cause volatility low, Tron performance stand gidigba, e fit make investors trust am and push price up.