Tron DeFi: SunSwap Leads the Way with 8.3 Million Transactions in 2024
While USDT continued to control the Tron network in 2024, there was a noteworthy increase in decentralized trading and meme coin generation.
TRX, the network's native currency, along with WTRX, its covered variation, experienced substantial adoption due to decentralized financing (DeFi) activity. This was especially seen on the Tron-based decentralized exchange (DEX), SunSwap, which triggered an increase of brand-new tokens and increased deal activity, which, in turn, assisted in Tron's diversity beyond stablecoin deals.
Tron's Shift Beyond Stablecoin Transactions
According to CryptoQuant's most current analysis, the Tron network's activity stays greatly affected by USDT, which saw its supply boost from $48 billion to $62 billion in 2024. Over the exact same duration, the worth of USDT tra...