TRON Daily Transactions Rise, TRX Price Soars 14%
JAKARTA - TRON (TRX) experiences daily transactions exceeding 7 million and prices have increased by more than 14% in the last 30 days. This upward trend reflects investors' growing confidence in the TRON ecosystem.
Reporting from Coin Speaker, the latest data from TRONCAN reveals that the 24-hour transaction volume on the TRON blockchain has soared by more than 7 million. The increase in transaction volume was largely driven by the increase in TRX transfers.
TRON has a strong user base, with more than 2.2 million active addresses, surpassing competitors like Ethereum in terms of active engagement. Total transactions recorded by the network currently reach 8.01 billion.
Justin Sun, the founder of TRON, remains optimistic about the TRX token and its ecosystem despite the volatile market. He believes TRON's current market valuation does not reflect its potential and projects significant growth in the second half of this year.
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Sun previously emphasized the role of TRON in processing more than 40 billion US Dollars (approximately IDR 646 trillion) in stablecoin transactions every day, often surpassing traditional financial giants such as Visa and Mastercard. The founder remains optimistic about the growth prospects of TRON, highlighting the potential impact and value in the blockchain industry.
TRON (TRX) will launch several key initiatives aimed at improving its user ecosystem and experience. One of the most anticipated developments is the introduction of gasless stablecoin transfers by the end of this year. This innovation aims to eliminate transaction fees related to stablecoin transactions, making them more accessible and cost-effective for users.
In addition, TRON plans to expand its decentralized financial footprint (DeFi) and improve its technological infrastructure. Currently, TRON hosts about 35 DeFi platforms in its ecosystem. These platforms contribute to DeFi TRON's Total Value Locked (TVL), which reaches 7.57 billion US Dollars (around Rp122 trillion) according to Defilama.
These initiatives affirm TRON's commitment to innovation and growth in the blockchain space, ready to provide tangible benefits to its global user base.
TRON (TRX) has shown a strong upward trend, recently surpassing the key resistance level of 0.13 US Dollars (around Rp2,100) for July. This crypto Ast maintains its position above the 50-day and 200-day moving average, signaling the buyer's strong confidence in the market.