TRON Smashes Through 10 Billion Transactions: A Crypto Powerhouse on the Rise

TRON's Transaction Tsunami

Hang onto your hats, folks—since hitting the scene in June 2018, TRON has just obliterated the 10 billion transaction mark. That's right, we're talking about a network that's been buzzing non-stop!

Non-Stop Action on the Chain

According to a sizzling analysis from CryptoQuant's own Maartun back in May, TRON's network is pumping out around 8.4 million transactions daily. Sure, the network went wild during the bull runs of 2021 and 2023, but guess what? It's not just a flash in the pan; TRON's (TRX) daily usage keeps climbing. Maartun is dropping truth bombs, saying this on-chain frenzy is often flying under the radar but screams bullish vibes.

TRON's Tweetable Triumph

Milestone: TRON just crossed 10.0 B Total transactions!

“Daily transaction count is around ~8.4 million. This is among the highest in the space. Activity has picked up during bull market spikes in 2021 and 2023, but is still growing daily.” – By @JA_Maartun

TRON's Growing Muscle

Dig into the on-chain data, and you'll see TRON isn't just playing around—it's flexing hard. DeFiLlama's numbers are in, and we're looking at a total value locked of a whopping $5.03 billion. It's bouncing back, even if it's not quite at the $7 billion high from the start of the year. And get this—the decentralized exchange volume? It's hit the roof this year, jumping from $3.4 billion in March to a staggering $4.9 billion in April.

Stablecoin Market Domination

TRON's not just stopping there; it's taking over the stablecoin scene too. The network's stablecoin market cap has ballooned from $58 billion in January to over $70 billion. And in late April? It skyrocketed by $2.17 billion in just one week. That's right, Tether (USDT) dropped a cool $1 billion USDT bomb on Apr. 21.

Technical Tease: Where's TRX Heading?

On the charts, TRX is flirting with $0.245, teasing that crucial $0.25 resistance level. But hey, it's still strutting above the 50-day and 100-day moving averages, and that's a bullish strut if I've ever seen one.

Market Mood: Neutral with a Hint of Bear

The relative strength index is chilling at 51, playing it cool and neutral. But the moving average convergence divergence indicator? It's giving us a slight bearish vibe. Most other oscillators are just hanging out, flat as a pancake, telling us the market's in a wait-and-see mode.

Bullish Breakout or Bearish Breakdown?

Keep your eyes peeled—the next bullish target is hanging out between $0.26 and $0.265, right up there with the upper Bollinger Band. If the bulls can flip $0.25 into support, we could be in for a wild ride. But watch out—a dip below $0.243 could send us crashing back to the $0.239–$0.240 support zone.

TRON's Fundamentals: Stronger Than Ever

And it's not just the numbers—TRON's fundamentals are beefing up too. On Apr. 30, P2P.org got the green light as a TRON Super Representative, diving into block production and institutional staking. And earlier in April, Canary Capital threw their hat in the ring with a spot TRX ETF filing, complete with staking features. Traditional finance is sniffing around, and they like what they see.

Justin Sun's Bold Prediction

TRON's founder, Justin Sun, isn't holding back either. He's calling it—TRX's market cap is set to hit a new all-time high in Q2 2025. And why? Because TRX is getting cozy with Bitcoin (BTC), showing off some mature market moves.