TRON Surpasses 15 Billion Transactions Amid Elevated Stablecoin Activity
TRON's cumulative transactions have surpassed 15 billion as its TRC20-USDT activity remains elevated. The network has been experiencing explosive growth, with average daily transactions reaching approximately 12.13 million.
Daily TRX transfers averaged around 4.73 million during July, according to data from Lookonchain and TRONSCAN. This highlights the network's sustained on-chain economic activity across payments, trading, DeFi, and settlement.
The transfer volume of TRC20-USDT exceeded $717 billion in July alone, making TRON the primary settlement layer for global stablecoin liquidity in crypto.
TRX traded inside a tightening symmetrical triangle after retreating from its May peak. A confirmed break above approximately $0.332 could strengthen the bullish setup, while losing the triangle's lower boundary could extend the correction.