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.
Tron owes this growth to its pursuit of utility and mostly to the growing demand for affordable and reliable stablecoin transactions. The stablecoin marketcap has been growing aggressively in 2023, reaching a peak of over $45 billion between May and June. Daily transactions peaked at over 13 million TXs at around the same period.The slight decline in stablecoin marketcap and daily transaction count was a reflection of the slower market conditions that have prevailed since June.
Let’s take a look at TronGrid, a full-featured API service that provides developers with easy access to the TRONTronGrid allows developers to interact with the TRON network, retrieve blockchain data, and integrate TRON’s features into your