Crypto even analysis firm CryptoQuant, TRON (TRX) It reported an increase in transaction activity and has become a leader among major altcoin blockchains. According to the firm, TRON’s total transaction share in altcoin networks reached 43% as of October 30, demonstrating the growing popularity of the network.
During October, TRON processed 230 million transactions. A particularly significant peak was observed on October 24, when the network processed 10.46 million transactions, marking a 25% increase over its 30-day moving average.
This revival in activity mirrors TRON’s previous performance in 2024, when it frequently led in transaction volume. However, there was a period between August 25 and October 5 when TRON’s dominance experienced a decline due to increased competition from other networks.
CryptoQuant suggests that TRON’s trading dominance is now on track and is expected to maintain its leadership in the altcoin space.
The firm noted that historical trends support the possibility of TRON maintaining its status as the most popular subchain for transaction processing.
*This is not investment advice.
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Source: https://www.bitcoinsistemi.com/analiz-sirketi-acikladi-bu-altcoin-islem-payinda-dominansi-ele-gecirdi/
