Daily transactions rise by over 500%, Defi TVL exceeds $ 8 billion
Daily transactions rise by over 500%, Defi TVL exceeds $ 8 billion
- Tron transactions reached a new all-time high when Justin Sun set the next milestone of 10 million transactions a day.
- The total value of the tron blockchain has exceeded $ 8 billion.
The Tron Blockchain network shows good growth signals and has reached important milestones in the past few weeks. The daily transactions on the Tron-Blockchain have reached a new all-time high last year and rose by 500 percent.
According to Trons Natural data enforcement platform Tronscan.org, the blockchain is now processing more than 9 million transactions in one day. As reported by the Cryptorank platform:
The total number of daily transactions of Tronfoundation Trx has exceeded the 9 million mark and reached a new all-time high with 9.27 million. This rate rose by 522% last year.
This stellare climb speaks volumes about the growing popularity of tron in the crypto room. Tron co-founder Justin Sun accepted the next challenge and said that the blockchain will soon start processing 10 million transactions every day.
In addition to this massive increase in daily transactions, the number of clear addresses has also been significantly increased. According to Tronscan's data, the blockchain network now houses more than 45 million addresses. The growth of the clear addresses took place with a "parabolic speed", as can be seen in the following graphic.
Courtesy: Tronscan
strong growth for the defi ecosystem of tron
The tron defi ecosystem has a strong growth, whereby the Total Value Locked (TVL) exceeded $ 8 billion $ 8 billion on July 4th on July 4th. href = "https://tronscan.org/#/data/stats/tvl"> data on tronscan.
Tracking for Defi TVL in the tron ecosystem was switched live at the beginning of this month. The announcement for this was made by Tron founder Justin Sun.
(2/3) #tron tvl (total value Locked) Soll function now!
️ @tronscan_org is the first block-Explorer based on #tron . It not only contains some basic functions of the block explorer, but also supports the token creation directly. pic.twitter.com/wecvfuri5d
- Justin Sun 🅣🌞 (@Justinsuntron) 2. July 2021
StableCoin support from Tron Network
The tron blockchain network offers support for several stable coins and continues to grow. The USDT of Tether still dominates its competitors with a circulation volume of $ 32 billion. In addition, commented by Tron founder Justin Sun:
tron is known for many successful cases of Emission, with TRC20 ISDD is the best known case; The constant increase in #trc20 - Class = "CSS-901OAO CSS-16MY406 R-Poiln3 R-BCQEO R-QVUTC0"> Tearing offer and clear addresses are sufficient evidence for the demand for stablecoins.
On the other hand, the USDC stable from Circle has significant growth. In less than a month, the circulating USDC offer has exceeded 108 million. Therefore, due to its low transaction fee, Tron is becoming a popular choice for dealers.
Source: Crypto-news-flash.com
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