TRON's blockchain has seen a significant surge in activity, driven by stablecoin transactions and a growing memecoin industry. The network now handles 60% of all cross-blockchain transfers, with USDT transactions being a major driver. This growth has been fueled by two recent $1 billion USDT mints, pushing the stablecoin circulation to record highs for the network.
The launch of SunPump, a memecoin, has also contributed to TRON's success. With a $10 million meme ecosystem reward program, developers have added over 94,000 new coins to the network. This spike in activity has led to a 20% increase in daily active addresses year-over-year.
TRON's annual revenue has reached $2 billion, indicating a growing adoption for real-world use cases. The platform is now one of the top public layer-1 blockchains and ranks second in daily active addresses, behind Solana.
TRON's strong social media presence has earned it the top spot in Altrank, a ranking system based on social media activity. This attention is crucial for TRX, the network's native cryptocurrency.
Technical experts predict potential price swings between $0.20 and $0.30. The combination of strong social indicators and TRON's increasing fundamental strength suggests a positive outlook for the network's continued development.