Tron Surpasses 10 Billion Transactions, Cementing Its Network Dominance
May 2, 2025, 7:56 a.m.
6 sources
positive
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.
Sources
ImportantMilestone for Surprise Altcoin: Total Transaction Count Exceeds 10 Billion
Bitcoin Sistemi
01.05.2025 20:03
TRON hits record 10B total transactions as bulls eye breakout above $0.25
crypto.news
02.05.2025 05:56
TRON Transactions Triumphantly Surpass 10 Billion: What Drives This Massive Network Activity?
bitcoinworld.co.in
02.05.2025 07:40
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