Retail stablecoin boom helps send Tron active wallets to new highs
Analysis
Price Impact
HighTron network is experiencing a significant boom in activity with record daily active addresses (5.7m) and transaction counts (12.6m, highest in 2 years), driven by high retail adoption of stablecoins, particularly usdt.
Trustworthiness
HighData is sourced from reputable blockchain analytics platforms like tronscan, nansen, coingecko, and defillama, and reported by a major crypto news outlet (cointelegraph).
Price Direction
BullishThe massive increase in active users and transactions indicates strong fundamental growth and real-world utility for the tron network. this sustained demand for network usage (gas fees, stablecoin transfers) can create upward price pressure on the native trx token.
Time Effect
LongThe growth is driven by fundamental adoption of stablecoins for remittances and payments in emerging markets, which is a structural and long-term trend, indicating sustained utility rather than a temporary surge.
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Article Content:
Brayden Lindrea 3 minutes ago Retail stablecoin boom helps send Tron active wallets to new highs Activity on Tron is booming, with a 69% week-on-week rise in active addresses to 11.1 million, and Tuesday’s 12.6 million transaction count being the network’s largest in two years. Listen 0:00 15 News COINTELEGRAPH IN YOUR SOCIAL FEED Blockchain data suggests more people are transacting on the Tron network than ever before amid strong retail adoption and the rising popularity of the high-speed, low-cost chain. The number of daily Tron daily active addresses rose to a record 5.7 million on Tuesday — beating the previous record of 5.4 million set the day before — while the more than 12.6 million transactions clocked on Tuesday were the highest daily tally since June 12, 2023, TRONSCAN data shows. “No headlines. No hype. Just raw throughput. That’s top-tier activity with zero fanfare,” blockchain analytics platform Nansen said in a post to X on Wednesday. Daily Tron transaction tally over the last 180 days. Source: Nansen Data from Nansen shows a 69% rise in daily active Tron addresses over the last week, reaching nearly 11.1 million — marking the largest week-on-week change among major blockchains. USDT on Tron is the combo of choice for many While Tron’s decentralized finance ecosystem isn’t as prominent as Ethereum’s, it facilitates between 15-20 million Tether ( USDT ) stablecoin transfers weekly, making it one of the most common token and chain payment combinations in the crypto space. Split of Tron transactions between TRX, USDT and “Other.” Source: Nansen It is widely used in Africa, Asia and South America — allowing locals to benefit from high-speed, low-cost US dollar-pegged token transfers where real US dollar access is often limited. Tether notched its 500 millionth USDT user on Oct. 21 — an achievement its CEO, Paolo Ardoino, said is “likely the biggest financial inclusion achievement in history.” Related: Tether to launch USAT, names ex-Trump adviser as CEO The World Bank Group estimates there are around 1.4 billion adults who don’t have access to a bank account. Crypto is one solution to the problem, as anyone with a phone can download a crypto wallet to receive money and store funds securely. USDT is still by far the largest stablecoin USDT is by far the largest stablecoin, with a market cap of $183.2 billion, representing a 58.8% market share, according to CoinGecko. Circle’s USDC comes in next at $76.2 billion. Ethereum is home to the most USDT in circulation at $83.4 billion, while Tron comes in second at $78.7 million, DefiLlama data shows. Magazine: Bitcoin OG Kyle Chassé is one strike away from a YouTube permaba # Blockchain # Transactions # Adoption # Tron # Stablecoin # Nansen Add reaction