TRON's Stablecoin Activity Surpasses Solana
The TRON network has continued to show strong long-term growth in the cryptocurrency market. Despite many large-cap altcoins struggling to regain momentum, TRON's stablecoin activity has been on the rise.
According to recent data from TRON, nearly 93% of stablecoin transfer volume came from peer-to-peer transactions as of June 30. This indicates that the network is being used for payment infrastructure rather than speculative purposes. Additionally, TRON's share of native USDT transfers below $1,000 increased from 43% to 52%, showing growing usage for smaller everyday transactions.
The growth in user activity on TRON has also been notable, with an average of around 3.5 million daily active users as of the latest data. This puts it ahead of Ethereum's 532,000 users while remaining close to Solana's 3.8 million users.