Messari platform experts published the results of a study according to which memcoins provided the Tron network with a profit of $151.2 million in July – September. The figure increased by 30% compared to the second quarter, April – June, analysts noted.

According to Messarithe rush demand for memcoins from August 12 to September 30 led to the fact that on the SunPump platform from Tron Over 89,000 virtual coins were created.

“Activity on SunPump began to increase on August 16 and continued its momentum over the next two weeks. From August 16 to August 31, more than 270 million TRX tokens were burned, generating approximately $42 million in fees—almost 27% of Tron’s third-quarter revenue,” the study said.

Several memecoins launched on SunPump, including SunDog (SUNDOG), Tron Bull (TBULL) and Invest Zone (IVFUN), saw significant trading volumes in late August, experts noted.

Thanks to increased memcoin activity, Tron’s average daily transaction count increased 14.4% to 7.2 million in the quarter, and the total value locked (TVL) in Tron’s decentralized finance protocols stood at $8.1 billion by the end of September.

With continued interest in memcoins and the emergence of new promising coins at the end of the year, the network’s profit Tron may exceed all previous indicators, analysts concluded Messari.

Earlier, economic data provider Truflation, together with the Swiss company Digital Asset Solutions (DAS), introduced the market’s first Memcoin Index (MSI), which tracks capitalization, trading volume and liquidity of coins.