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TRON H1 2024: From Stablecoins to Bitcoin and Beyond by CryptoRank
Recent research from CryptoRank underscores TRON’s remarkable onchain activity surge over six consecutive quarters. These reports highlight TRON’s robust technical infrastructure and exceptional scalability. Notable findings include TRON’s 29% QoQ increase in average daily transactions and 31% QoQ growth in daily active addresses, illustrating the network’s escalating engagement. Additionally, TRON’s strategic initiatives, such as the Grants Program…
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Messari and CryptoRank Research Highlight TRON’s Surging Onchain Activity
Messari’s research report introduces TRON as a public, open-source blockchain network distinguished by its security and efficiency. TRON secures its network using a Delegated Proof-of-Stake (DPoS) mechanism combined with the Practical Byzantine Fault Tolerance (PBFT) consensus algorithm. The TRON Virtual Machine (TVM), which is compatible with the Ethereum Virtual Machine (EVM), offers developers affordable and…
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State of TRON Q2 2024 by Messari
In Q2 of 2024, TRON demonstrated significant advancements and robust network activity despite market fluctuations. TRON’s network saw a 29% increase in average daily transactions, reaching 6.3 million, with June setting a monthly record for 2024. The number of daily active addresses also rose by 31%, averaging 2.0 million. Wallet transfers and stablecoin transactions continued…
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TRON’s Progress in 2024 H1: A Journey of Transformation by Cointelegraph
The first half of 2024 has been a dynamic period for TRON, marked by significant achievements and steady growth amid a volatile crypto market. With the advent of Bitcoin ETFs and Bitcoin halving influencing market performance, TRON has managed to maintain stability. This resilience can be attributed to the network’s robust scalability, strategic partnerships, and…