Activity on Tron is booming, with a 69% week-on-week rise in active addresses to 11.1 million, and Tuesday’s 12.6 million transaction count being the network’s largest in two years.
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Blockchain data suggests more people are transacting on the Tron network than ever before amid strong retail adoption and the rising popularity of the high-speed, low-cost chain.
The number of daily Tron daily active addresses rose to a record 5.7 million on Tuesday — beating the previous record of 5.4 million set the day before — while the more than 12.6 million transactions clocked on Tuesday were the highest daily tally since June 12, 2023, TRONSCAN shows.
“No headlines. No hype. Just raw throughput. That’s top-tier activity with zero fanfare,” blockchain analytics platform Nansen in a post to X on Wednesday.
Data from Nansen shows a 69% rise in daily active Tron addresses over the last week, reaching nearly 11.1 million — marking the largest week-on-week change among major blockchains.
USDT on Tron is the combo of choice for many
While Tron’s decentralized finance ecosystem isn’t as prominent as Ethereum’s, it facilitates between 15-20 million Tether () weekly, making it one of the most common token and chain payment combinations in the crypto space.
It is widely used in Africa, Asia and — allowing locals to benefit from high-speed, low-cost US dollar-pegged token transfers where real US dollar access is often limited.
Tether notched its on Oct. 21 — an achievement its CEO, said is “likely the biggest financial inclusion achievement in history.”
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The World Bank Group there are around 1.4 billion adults who don’t have access to a bank account. Crypto is one solution to the problem, as anyone with a phone can download a to receive money and store funds securely.
USDT is still by far the largest stablecoin
USDT is by far the largest stablecoin, with a market cap of $183.2 billion, representing a 58.8% market share, to CoinGecko. Circle’s USDC comes in next at $76.2 billion.
is home to the most USDT in circulation at $83.4 billion, while comes in second at $78.7 million, DefiLlama data shows.
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