Tron’s growth highlights why the next bull market may favor TRX holders

Tron’s growth highlights why the next bull market may favor TRX holders

September 14, 2023

By Michael Nderitu

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Tron comfortably averages over 4.8 million daily transactions.

Evaluating TRX’s prospects in the short-term and long term.

After months of keeping up with Tron’s impressive growth, it is now clear that it is one of the fastest growing blockchain networks. But just how impressive is the network’s current state of operations?

Tron has achieved impressive transaction count growth in six years since its inception. According to a recent Nansen report, the network has been averaging over 4.8 million transactions every day. This is a testament to the fast-paced growth that it has achieved within such a relatively short period of time.

Note that the Tron network is achieving these daily transactions during a relatively slow phase in the market. This suggested that we could see a substantially higher transaction count during the bull market. It is also a healthy indicator of the impressive level of adoption that the network has achieved over time.