crypto Long & Short: The disclosure of $150 billion in weekly settlements

TRON adopts the delegated Proof of Stake (DPoS) consensus mechanism . Under this system, users holding TRX have voting rights through staking and token , electing 27 superdelegates. These are responsible for creating blocks and maintaining the network in operation.

stablecoin with payment scenario

The most significant change in the evolution of TRON is that it has gradually become the preferred network for settlement with stablecoin . Currently, a considerable proportion of the world's USDT and circulating supply exist on TRON . This feature makes crypto distinct from many other Layer-1 applications: rather than relying primarily on innovation or consumer-grade applications to compete with DeFi , it positions itself as a digital payment channel for dollars.

This is clearly reflected in the network usage data. According to TRON blockchain web browser , the number of transactions per week for TRON has risen to an all-time high, recently approaching 100 million per week; meanwhile, the average cost of a single transaction on on-chain has dropped to about 7 cents, its lowest point in many years.

on-chain Activity continues to increase

The number of weekly active addresses (i.e., the number of independent wallets that have interacted with on-chain in seven days) is also approaching an all-time high, indicating a broad user base and sustained use of the network rather than concentrated activity dependent on a small handful of accounts. As overall activity rises, so too has the size of stablecoin transfers on TRON , which recently maintained around $150 billion to $190 billion per week.