Ethereum
TRON overtakes Ethereum with 8.1 billion transactions!
5:20 p.m. ▪ 3 min read ▪ by Eddy S.
The TRON network has reached a major milestone by surpassing 8.1 billion transactions! Solidifying its position as a leader in decentralized internet infrastructure. This achievement marks significant growth for TRON as it continues to outperform its crypto competitors.
Tron hits new milestone with 8.1 billion transactions!
Since its inception, TRON has been committed to building a robust infrastructure for a decentralized internet. This mission has been reinforced by the steady increase in the number of transactions on its network. As of July 2024, data revealed that the total number of transactions on the TRON network has reached 8,001,863,680, officially surpassing 8 billion. This impressive figure is the result of the growing adoption of TRON by cryptocurrency users around the world.
One of the key factors behind this growth is TRON’s support for the stablecoin Tether (USDT). Crypto users prefer to transfer USDT to TRON over Ethereum due to the significantly lower fees. This preference has led to an increase in TRON’s transaction volume, even surpassing Visa’s on a daily basis. In fact, TRON processes around $53 billion in transactions per day, compared to Visa’s $42 billion. In addition to its impressive transaction volume, TRON has also seen a significant increase in the number of accounts, which exceeds 242 million!
Crypto: TRON surpasses Ethereum by 230% in terms of transactions!
The comparison with Ethereum is particularly notable. While TRON has recorded over 8.1 billion transactions, Ethereum accounts for approximately 2.45 billion! This represents an increase of over 230.6% for TRON. This rapid growth underscores the growing utility and adoption of the TRON crypto network by users.
TRON’s surpassing 8.1 billion crypto transactions is a significant milestone, reflecting its growing adoption and the advantages it offers over Ethereum in certain use cases, such as stablecoin transfers. With a strong infrastructure and growing user base, TRON is well positioned to continue playing a leading role in the future of the decentralized internet.
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Eddy S.
The world is changing and adaptation is the best weapon to survive in this undulating universe. Originally a crypto community manager, I am interested in everything that is closely or remotely related to blockchain and its derivatives. To share my experience and promote a field that fascinates me, there is nothing better than writing informative and relaxed articles.
DISCLAIMER
The views, thoughts and opinions expressed in this article are solely those of the author and should not be considered investment advice. Do your own research before making any investment decision.