“TRON surpasses 10 billion transactions: A qualitative leap in performance and strong indicators of anticipated growth”
The TRON network, one of the prominent global blockchain networks, has achieved a remarkable milestone by surpassing the 10 billion transaction mark since its launch in June 2018, at a time when technical and economic indicators show increasing signs of the network entering a phase of accelerated growth.
According to an analysis released on May 1 by “Martin”, an analyst at the CryptoQuant platform, the TRON network currently records an average of 8.4 million transactions daily, reflecting a steady increase in activity on the chain, despite the decline in market momentum since the peaks of 2021 and 2023.
The analyst noted that this heavy activity on the network often goes unnoticed, but it constitutes a strong signal of the potential bullish momentum for TRX, the native currency of the network.
According to data from the DeFiLlama platform, the total value locked (TVL) in the network reached approximately $5.03 billion, indicating a gradual recovery from its lowest levels, although it is still below the $7 billion mark recorded at the beginning of this year. In contrast, the trading volume on decentralized exchanges associated with TRON recorded its highest monthly level in 2024, rising from $3.4 billion in March to $4.9 billion in April.