TRON Surpasses 10 Billion transactions, Signaling Strong Growth
Since its debut in June 2018, TRON has hit a major milestone by crossing 10 billion transactions.According to a CryptoQuant report by Maartun, the network now processes about 8.4 million transactions daily. This achievement highlights TRON’s growing popularity.
Maartun notes that while TRON saw peak activity during the 2021 and 2023 bull markets, its daily usage continues to rise. This high transaction volume is a positive sign for the network. It shows that more people are using TRON for various activities.
On-chain data reveals TRON’s steady growth. the network’s total value locked (TVL) is now at $5.03 billion. This is a sign of increasing adoption. TRON’s decentralized finance (DeFi) sector is also thriving. The TVL has seen a recovery, even if it’s below the $7 billion mark from earlier this year.The decentralized exchange (DEX) volume reached its highest monthly level this year. It jumped from $3.4 billion in March to $4.9 billion in April. This growth is a bullish indicator, often missed by many. TRON’s stablecoin market cap has also grown. It went from $58 billion to over $70 billion in just a few months.
TRON’s stablecoin market cap has seen a significant boost. in late April, it added $2.17 billion in a single week. This includes Tether minting $1 billion USDT on April 21. The network’s TVL is currently at $5.03 billion, showing a recovery trend.
On the technical front, TRX is trading near $0.245, just below the key $0.25 resistance. The price is above critically important moving averages, like the 50-day and 100-day, which is usually a bullish sign. The relative strength index is neutral, but most oscillators are flat, suggesting a cautious market stance.
TRON’s fundamentals are improving. P2P.org was recently approved as a TRON Super Representative. This allows participation in block production and institutional staking. Canary Capital also filed for a spot TRX ETF with staking features, showing growing interest from customary finance.
TRON founder Justin Sun is optimistic. He predicts TRX’s market cap will hit a new all-time high in Q2 2025, citing a growing correlation with Bitcoin as a sign of maturing market behavior.
