TRON Daily Transactions Hits Record High – Popular blockchain Tron continues to be on the news for good reasons as it continues to show impressive growth amid unfavorable conditions in the general crypto market.
In a recent development, the network set a new record high for its daily transactions after processing over 10 million transactions. The announcement was made earlier today on Twitter by Justin Sun, TRON’s founder.
According to him, the network continues to outperform expectations despite the crypto winter. Also, he asserted that the surge isn’t just a “measure of quantity,” but also it is evidence of the quality of the blockchain.
Despite the crypto winter, #TRON continues to defy expectations, posting impressive growth. The network hit a new record high in daily transactions just yesterday, with a 10,935,762 transactions processed. pic.twitter.com/Unn45CCUvg
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— H.E. Justin Sun 孙宇晨 (@justinsuntron) June 1, 2023
Furthermore, Justin also adds that the development justifies TRON’s growing popularity and widespread usage. In addition, he stated that the impressive performance doesn’t end there and that the team’s target is to double the transaction volume in the coming years.
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He also promised that his team is working hard to continuously improve and deliver concrete results to weather the crypto winter. Meanwhile, in the past month, TRON’s average daily transactions have been around 8.63 million. Consequently, the surge in transactions over the last 30 days can be attributed to a 50% increase in TRX transactions.
Furthermore, Tron generated $90.04 million in sales in the first quarter of 2023. Its total quarterly sales for the first quarter of 2023 were $90.04 million. An increase of 88% over Q4 2022 total quarterly sales of $47.96 million.
TRON (TRX) price today
According to live data from CoinMarketCap, the price of TRX today is $0.07461. Furthermore, the price of TRX is down 1.21% in the last 24 hours. What’s more, TRON is ranked #12 on the CoinMarketCap chart with a live market cap of $6,731,207,460. Finally, TRX has a circulating supply of 90,222,591,652.
Victor Swaezy
Victor Swaezy is a crypto-journalist with more than 3 years of experience in covering blockchain technology and digital currencies news. Known for his comprehensive reporting, Victor has contributed to leading industry publications such as Coinfomania and Crypto News Guru, providing market participants with the required knowledge to make informed decisions. When he is not working, he loves to watch movies and have a good time.