"TRON (TRX) Records Highest Blockchain Transaction Volume for Three Consecutive Months"

Source
YM Lee

Summary

  • TRON (TRX) has been reported to have recorded the highest blockchain transaction volume for three consecutive months.
  • From October to December, TRON recorded 1.82 billion, 1.67 billion, and 1.35 billion transactions, respectively.
  • The increase in TRON's transaction volume was significantly influenced by the network activity of the stablecoin Tether (USDT).

TRON (TRX) has been reported to lead in transaction volume over other blockchains for three consecutive months.

On the 19th (local time), CrazyBlock, an analyst at the on-chain analysis platform CryptoQuant, explained, "For the past three months, the TRON blockchain has consistently surpassed other chains in terms of monthly transaction volume. It recorded 1.82 billion transactions in October, 1.67 billion in November, and 1.35 billion transactions so far in December."

He added, "This strong performance of the TRON blockchain was influenced by the active network activity of the stablecoin Tether (USDT)."

YM Lee

YM Lee

20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
hot_people_entry_banner in news detail bottom articleshot_people_entry_banner in news detail mobile bottom articles
What did you think of the article you just read?




PiCK News

[Key Economic and Crypto Calendar for the Week Ahead] US Weekly Initial Jobless Claims, etc.

12 hours ago
[Key Economic and Crypto Calendar for the Week Ahead] US Weekly Initial Jobless Claims, etc.

BOK governor nominee: Shin Hyun-song, BIS monetary and economic department director, tapped—‘conservative on stablecoins’

13 hours ago
BOK governor nominee: Shin Hyun-song, BIS monetary and economic department director, tapped—‘conservative on stablecoins’

Bitcoin Mining Difficulty Falls 7.8%… “Miner Exodus Widens Amid Shift to AI”

15 hours ago
Bitcoin Mining Difficulty Falls 7.8%… “Miner Exodus Widens Amid Shift to AI”

"U.S. SEC and CFTC interpretive guidance on cryptoassets set to take effect officially on the 23rd"

18 hours ago
"U.S. SEC and CFTC interpretive guidance on cryptoassets set to take effect officially on the 23rd"

[Market] Bitcoin briefly gives back $69,000… Fallout from Trump’s ‘Strait of Hormuz warning’

20 hours ago
[Market] Bitcoin briefly gives back $69,000… Fallout from Trump’s ‘Strait of Hormuz warning’

Trending News