The Tron Network is not just the biggest chain for USDT, it has crossed the 10 billion transaction count milestone, a record that did not reflect on the price of TRX
Blockchain analytics platform CryptoQuant reported on May 2 that TRON has inked a 10 billion transaction count in a post on X. According to the post, TRON recently crossed the 10 billion total transaction count, marking an applaudable milestone for the blockchain.
TRON Ranks Amongst the Most Active Blockchain Networks
In addition to the 10 billion transaction count that Tron achieved on April 1, 2025, crypto market analyst JA Maartun noted that the daily transaction count on the etwork is around 8.4 million.
At the moment, this ranks among the highest in the space. “Activity has picked up during bull market spikes in 2021 and 2023, but is still growing daily,” the market analyst added.
The new development reflects TRON’s growth over the years. Notably, the network’s current outlook has positioned it amongst the most active blockchain protocols globally. Compared to many of its counterparts, the network clearly handles a significant amount of traffic behind the scenes.
This has caused Tron to gain traction from several entities. A few days ago, staking provider P2P.org formally joined the network as a Super Representative. P2P.org voiced its intention to add validation services for more than 40 networks and more ways for institutions to stake TRX.
In the long run, this may eventually translate to a rally in the price of TRX, the native token of the Tron Network.
A few weeks back, Tron founder Justin Sun predicted the coming of a fresh all-time high (ATH) for TRX, just before the end of this second quarter. At the time of this writing, TRX traded at $0.2449, down 1.51% within the last 24 hours, per data from CoinMarketCap
Canary Capital Files First Staked TRX Fund
As with XRP, Litecoin (LTC), and Dogecoin (DOGE), asset management firms are clamouring to list a spot TRX Exchange Traded Fund (ETF).
Two weeks ago, Canary Capital filed for the first staked TRX fund with the United States Securities and Exchange Commission (SEC). If approved, this Fund would include staking, allowing investors to earn extra rewards while holding TRX tokens.
The move reflects Canary Capital’s confidence in Tron’s growth and long-term performance. According to the crypto community, these features make the coin a strong choice for an ETF. The crypto community is waiting to see whether the SEC will approve or delay this new filing.
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