TRON Exceeds Ethereum in Transaction Volume, Reaching 8.1 Billion in Crypto Operations
The TRON network has achieved a significant milestone by exceeding 8.1 billion transactions, solidifying its status as a frontrunner in decentralized Internet infrastructure. This accomplishment highlights substantial growth for TRON, showcasing its superiority over other cryptocurrencies.
TRON has been dedicated to constructing a robust foundation for a decentralized internet since its inception. This commitment has been reinforced by the consistent rise in transaction volume on its network. In July 2024, data indicated that the total number of transactions on the TRON network had surpassed 8 billion, reaching 8,001,863,680. This remarkable figure is a testament to the increasing global adoption of TRON by crypto enthusiasts.
A key driver behind this growth is TRON’s backing of the Tether (USDT) stablecoin. Users in the crypto sphere prefer transferring USDT on TRON rather than Ethereum due to substantially lower fees. This preference has led to a surge in transaction volume on TRON, even surpassing that of Visa on a daily basis. TRON processes approximately $53 billion worth of transactions daily, outpacing Visa’s $42 billion. Alongside its impressive transaction volume, TRON has witnessed a notable uptick in the number of accounts, exceeding 242 million.
The comparison with Ethereum is particularly noteworthy. While TRON has recorded over 8.1 billion transactions, Ethereum accounts for around 2.45 billion, marking a 230.6% increase for TRON. This rapid growth underscores the rising utility and adoption of the TRON crypto network by users.
TRON surpassing 8.1 billion crypto transactions signifies a significant milestone, reflecting its expanding adoption and the advantages it offers over Ethereum in specific use cases like stablecoin transfers. With a robust infrastructure and a growing user base, TRON is well-positioned to continue playing a leading role in shaping the future of the decentralized internet.