Tron Network Achieves Nearly $100 Billion In On-Chain Volume, Dominating Stablecoin Transfers

The Tron network has made waves by settling nearly $100 billion in on-chain volume last week, showcasing its impressive activity and growth.

In a striking comparison, the network processed 2.39 million $USDT transfers yesterday—15 times more than Ethereum, underscoring its rising prominence in the crypto space.

The @trondao network settled nearly $100 billion in on-chain volume last week—huge numbers that highlight the network's activity pic.twitter.com/k9uhRANvPX

— IntoTheBlock (@intotheblock) September 25, 2024

On the same day, the $USDT volume on the Tron network reached an impressive $17.67 billion, tripling the amount processed on Ethereum.

This surge can be attributed to the strong performance of five key stablecoins within the Tron ecosystem: $USDT, $USDJ, $TUSD, $USDC, and $USDD. The increasing trading demands for these stablecoins highlight the growing adoption of the Tron network among users.

Tron’s total account count has now surpassed 261 million, reaching 261,179,615, which reflects the rapid expansion of its user base. As more individuals and businesses engage with the platform, Tron’s ecosystem continues to develop and evolve, making significant strides toward decentralizing the web.