TRON DAO’s Post

TRON is the #1 chain in P2P Transfer Activity P2P Transfers = wallet-to-wallet stablecoin transfers in USD Here's a deep dive into TRON DAO metrics by Andrew Van Aken 👇 1️⃣ Active Addresses TRON has the most active addresses with 2.1mn DAA per day (7 day avg) and activity has been increasing since the start of 2024. While other high-performance chains have launched, TRON has maintained its market share and continues to drive usage. 2️⃣ Stablecoins Part of the TRON's success is stablecoin activity TRON has seen consistent growth in all stablecoin metrics and recently hit an all-time high in circulating supply at $60bn. Addresses using stablecoins on TRON is ~ATH and above BSC, the second highest chain. 3️⃣ P2P Transfers TRON leads in P2P transfers. We classify P2P transfers as transfers going from an EOA to EOA. TRON consistently has 2-3x as much P2P transfer volume as Ethereum, indicating TRON is facilitating more payments and money transfers, compared to DeFi activity.  4️⃣ Average Transaction Fee TRON has consistently maintained low average transaction fees while sustaining significant activity. The average transaction cost on TRON is 90% lower than Bitcoin and over 80% lower than Ethereum. 5️⃣ BONUS: Top App on TRON Not surprisingly, given the large amount of stablecoin and P2P transfers, the #1 application on TRON is... Tether.io Tether makes up 95% of the active addresses among top 10 dapps. Thank you H.E. Justin Sun David Uhryniak Yeweon Park for working with us 🙏🏼