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TRON Hits New Market Cap Milestone As Transaction Volume And Stablecoin Ecosystem Expand

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TRON has achieved a major milestone with its market cap soaring past $16 billion, marking an all-time high. The network’s transaction activity remains robust, consistently outpacing other Layer 1 blockchains. Since the start of the year, TRON’s transaction volume has grown steadily, now surpassing 50 million transactions per week. The market cap of $TRON has … Read more

TRON’s TRX Supply Decreases By 2.41 Billion Tokens Amid Deflationary Strategy

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TRON’s native cryptocurrency, TRX, has undergone a notable reduction in its circulating supply over the past year, dropping from 88.97 billion to 86.56 billion tokens. This decrease, amounting to -2.93%, equates to approximately $381.2 million in value. The decline is attributed to ongoing token burns and strategic mechanisms aimed at bolstering long-term value and scarcity. … Read more

TRON Network Emerges As The Fastest Blockchain, Driven By Stablecoins

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Recent on-chain data analysis reveals that the TRON network is currently the fastest blockchain in terms of transactions per second (TPS), largely fueled by stablecoin activity. A comparative visualization of major blockchains—including Bitcoin, Ethereum, TRON, and Polygon—shows TRON consistently leading in transaction volume. With an impressive TPS rate of 85, TRON outperforms its competitors significantly, … Read more

Stablecoin Supply Sees 32.4% Surge In 2024, Ethereum And TRON Jockey For Market Share

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From January to September 2024, the total supply of stablecoins expanded significantly, increasing by 32.4%. Ethereum, which remains a key player in the space, saw its own stablecoin supply rise by 25.5%, amounting to $17.2 billion. Despite this growth, Ethereum’s dominance in the stablecoin market dropped slightly, from 51.9% to 49.1%, as the overall sector … Read more

TRON Reports Record $577M In Q3 Revenue, Surpassing Ethereum And Bitcoin

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TRON has reported its highest-ever quarterly revenue, reaching $577 million in Q3 2024—a 43% increase from Q2. Justin Sun, TRON’s founder, expressed optimism that Q4 will see even greater growth. This surge places TRON well ahead of its competitors, with revenue more than twice that of Ethereum ($253 million), five times higher than Solana ($105 … Read more

Tron Network Achieves Nearly $100 Billion In On-Chain Volume, Dominating Stablecoin Transfers

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The Tron network has made waves by settling nearly $100 billion in on-chain volume last week, showcasing its impressive activity and growth. In a striking comparison, the network processed 2.39 million $USDT transfers yesterday—15 times more than Ethereum, underscoring its rising prominence in the crypto space. The @trondao network settled nearly $100 billion in on-chain … Read more

TRON’s Market Cap Doubles As Key Metrics Surge: Deflation, NFTs, And Memecoins On The Rise

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Over the past two years, TRON’s market cap has more than doubled, reflecting the strong growth and increasing usage across the network. Key metrics on @trondao are all trending upwards, highlighting the platform’s expanding ecosystem. In recent months, TRON has seen: Monthly fees totaling ~$220 million Monthly transactions hitting ~225 million Monthly active users reaching … Read more

Whales Dominate $TRX Holdings While TRON Maintains Deflationary Momentum

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Data from IntoTheBlock reveals a significant concentration of $TRX holdings among large holders, or whales, who control 56.56% of the total supply, translating to approximately 47.93 billion TRX. In contrast, smaller investors collectively own just 10.24% of the supply, which amounts to about 8.68 billion TRX. This stark difference highlights the dominance of a few … Read more