Tron's daily active addresses surged to a record 5.7 million on Tuesday, exceeding the previous day's high of 5.4 million, as reported by TRONSCAN data.
The network processed over 12.6 million transactions, the highest daily tally since June 12, 2023, with active addresses jumping 69% week-over-week to 11.1 million—the largest weekly increase among major blockchains.
Blockchain analytics firm Nansen praised the activity as "top-tier with zero fanfare" in a social media post, highlighting the raw throughput without market hype.
Despite the network growth, TRX price faced downward pressure, trading at $0.2966, down 0.69% in 24 hours and 7.28% over the past week, while remaining below its 200-day moving average.
Technical indicators showed RSI at 36.93, nearing oversold levels, and negative MACD readings, with open interest declining 1.32% to $327.48 million.
Tron facilitates 15-20 million USDT stablecoin transfers weekly, with $78.7 billion in USDT circulating on the network, second only to Ethereum, driven by adoption in Africa, Asia, and South America for low-cost, dollar-pegged transactions.
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