Tron sees 16.5% jump in Q4 transactions, sets new record for daily count

JOON HYOUNG LEE

Summary

Tron said its transaction count in Q4 of last year totaled 994 million, up 16.5% from the previous quarter.
It added that Tron’s daily transaction count set a new record at 12.6 million on Oct. 28 last year.
Tron has been steadily buying back its native token, with holdings topping 680 million, while the TRX price was trading at $0.2865, up 1.7% from the previous day.

Forecast Trend Report by Period

Tron (TRX) posted a more than 16% increase in transaction count in the fourth quarter of last year compared with the previous quarter.

According to Lookonchain on the 25th (local time), Tron logged 994 million transactions in Q4 of last year, up 16.5% from Q3.

Daily transactions hit a new high of 12.6 million on Oct. 28 last year.

Meanwhile, Tron has been steadily buying back its native token. The company’s holdings are reported to have recently exceeded 680 million tokens.

As of 3:39 p.m. that day, TRX was trading at $0.2865 on CoinMarketCap, up 1.7% from the previous day. That marks a 1.81% gain from a week earlier.

JOON HYOUNG LEE

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