Tron Surpasses 10 Billion Transactions, Cementing Its Network Dominance
02.05.2025 07:56
CryptoQuant has released an analysis showing that the Tron (TRX) blockchain has processed over 10 billion transactions. With an average daily transaction count of around 8.4 million, Tron stands out as one of the most active networks in the crypto space. The report highlights significant transaction surges during bullish market periods in 2021 and 2023, reinforcing the network's robust activity. Additionally, Tron remains a key hub for stablecoin transactions, including a large portion of USDT transfers, despite the coin trading at $0.245—roughly 44% below its all-time high of $0.44. This milestone is expected to bolster investor confidence and could contribute to incremental price increases over time.
The milestone of surpassing 10 billion transactions is a strong positive signal for TRX. Its substantial network activity and historical transaction surges during bull markets could lead to improved investor sentiment and short-term price gains. Although the current price is below its all-time high, the data signals latent potential for upward movement as increased network usage may attract more institutional and retail investors. Key factors include sustained transaction activity, previous bullish performance periods, and its role in hosting significant USDT volumes, which collectively bode well for TRX in both the near and long term.
Top Today
yesterday / 11:23
Bitcoin Holds Steady Around $105K Despite Middle East Conflict and Analyst Warning of Potential Drop Below $80K
yesterday / 10:38
Donald Trump Earned $57.3 Million from DeFi Project World Liberty Financial in 2024
yesterday / 06:43
Trump Media Secures $2.3 Billion SEC-Approved Bitcoin Treasury Investment, Boosted by DRW's $100 Million Backing