The number of daily active Tron addresses has reached an all-time high Coinstar

Blockchain data suggests more people are transacting on the Tron network than ever before amid strong retail sales and the growing popularity of the fast and cheap chain.

The number of daily Tron daily active addresses rose to a record 5.7 million on Tuesday — surpassing the previous record of 5.4 million set the day before — while more than 12.6 million transactions were recorded on Tuesday, the highest daily number since June 12, 2023, TRONSCAN data shows.

“No headlines. No hype. Just raw bandwidth. It’s top-level activity with no hype,” blockchain analytics platform Nansen he said in a post for X on Wednesday.

Nansen data shows a 69% increase in daily active Tron addresses over the past week, reaching nearly 11.1 million — marking the largest week-to-week change among major blockchains.

USDT on Tron is the combination of choice for many

Although Tron’s decentralized financial ecosystem is not as prominent as Ethereum, it enables between 15-20 million Tether (USDT) stablecoin transfers per week, making it one of the most common combination of token and on-chain payments in the crypto space.

It is widely used in Africa, Asia and South America — allowing local populations to take advantage of fast, low-cost transfers of US dollar-linked tokens where access to real US dollars is often limited.