[Analysis] TRON (TRX) Network Has Grown Significantly Over the Past Year

An analysis has emerged that the daily transaction count of the TRON (TRX) network has significantly increased over the past year. The continuous increase in transaction count is evaluated as an indication of the network's growth.

On the 21st (local time), Martun, a CryptoQuant analyst, reported that "the 30-day moving average of daily transactions on the TRON network increased by 95% from the beginning of last year to the middle of this year, reaching 8.4 million," and "this indicates that TRON network users are increasing in a stable and continuous trend."

He continued, "Since February this year, the daily transaction count has consistently recorded over 8 million," and explained, "TRON's growth is attributed to the increase in TRON-based DApp users, the expansion of stablecoin transfer volume, low fees and fast transaction speeds, and ecosystem updates and partnership expansions."