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    Tron Sees Record Number of Daily Active Addresses

    Ethan CarterBy No Comments2 Mins Read
    1761795614

    Recent blockchain data indicates that transaction volumes on the Tron network are at an all-time high, fueled by significant retail adoption and the increasing appeal of this fast, cost-effective blockchain.

    On Tuesday, the number of active addresses on the Tron network surged to a record 5.7 million, surpassing the previous high of 5.4 million set the day before. Additionally, over 12.6 million transactions were recorded on that day, marking the highest volume since June 12, 2023, according to TRONSCAN data.

    “No headlines. No hype. Just raw throughput. That’s top-tier activity with zero fanfare,” said blockchain analytics platform Nansen in a post on X on Wednesday.

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    Daily Tron transaction tally over the last 180 days. Source: Nansen

    Nansen’s data reveals a remarkable 69% increase in daily active Tron addresses over the past week, reaching nearly 11.1 million, the most significant weekly change across major blockchains.

    USDT on Tron is the preferred choice for many

    While Tron’s decentralized finance ecosystem is not as established as Ethereum’s, it handles approximately 15-20 million Tether (USDT) stablecoin transfers weekly, making it one of the most popular token and chain pairings in the crypto sector.

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    Distribution of Tron transactions among TRX, USDT, and “Other.” Source: Nansen

    This combination is widely utilized in Africa, Asia, and South America, enabling residents to take advantage of rapid, low-cost US dollar-pegged token transfers in regions with restricted access to actual US dollars.