Tron, the blockchain notorious for its controversies, has found its footing as the preferred network for USDT transactions.
In the midst of a fervent crypto market, Tron, whose native TRX token ranks 12th in the digital asset realm, is witnessing record-breaking daily protocol revenues, hovering around $2 million.
Justin Sun, the enigmatic founder of Tron, proudly announced this significant achievement on X.
Tron distinguishes itself in the crypto landscape by serving as the primary platform for stablecoin transfers. While this underscores its practical utility, Tron faces skepticism and lacks widespread support within the digital asset community. For instance, Circle, the issuer of USDC, the second-largest stablecoin, recently announced its decision to cease support for the Tron blockchain.
Even Ethereum co-founder Vitalik Buterin has voiced criticisms against Tron in the past.
Despite these challenges, Tron boasts the highest number of active users among blockchains, according to data from Coin98.
Like many digital assets, TRX has experienced a surge in 2024, witnessing a 30% increase in value this year, with the token currently priced at $0.14.
