TRON’s 2024 Recap: Record Growth Highlighted in Reports from Messari, CryptoQuant, CryptoRank, and Cointelegraph

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Geneva, Switzerland – February 10, 2025Messari, CryptoQuant, CryptoRank, and Cointelegraph, leading platforms in blockchain research and analytics, have released comprehensive reports highlighting the TRON network’s significant advancements in blockchain activity, ecosystem expansion, and innovation. These reports emphasize TRON’s growing role in decentralized finance (DeFi) and stablecoin adoption, showcasing its robust technical infrastructure, scalability, and user engagement.

Messari

Messari’s State of TRON Q4 2024 report provided an in-depth analysis of the network’s exceptional performance in the final quarter of 2024. Their insights emphasized TRON’s operational efficiency, supported by its Delegated Proof-of-Stake (DPoS) consensus mechanism and scalable architecture.

Key Insights from Messari:

    • Transaction Growth: TRON set a new quarterly record, with average daily transactions rising 7.19% QoQ, increasing from approximately 7.15 million to 7.67 million. 
  • Builder-Focused Initiatives: Initiatives such as HackaTRON, which drew over 2,500 participants, and the TRON Builder Tour, with stops at Columbia, Princeton, and Harvard, solidified TRON’s reputation as a premier blockchain platform for developers.

Read the full Messari report here.

CryptoQuant

CryptoQuant underscored TRON’s scalability and efficiency, highlighting its ability to process significant transaction volumes with cost-effectiveness and minimal network congestion. The report recognized TRON as a trusted platform for cross-border payments and stablecoin transactions.

Key Insights from CryptoQuant:

  • DeFi Strength: The supply of USDT on TRON grew from $48 billion to $62 billion in 2024, while the value transferred increased from $362 billion in December 2023 to $576 billion in December 2024.
  • Total Network Fees: TRON’s robust network activity drove monthly network fees to an impressive $236 million by the end of 2024, showcasing its scalability and increasing demand across the ecosystem.

Read the full CryptoQuant report here.

CryptoRank

CryptoRank’s TRON H2 2024: Dominating Stablecoin Ecosystem While Pioneering New Horizons highlighted TRON’s remarkable performance in the second half of 2024. The network’s cost-efficiency and reliability were identified as key factors behind its success.

Key Highlights from CryptoRank:

  • Cost-Efficient Blockchain: TRON emerged as the most cost-efficient Layer 1 blockchain, spending only $0.85 for every $1 generated in fee revenue.
  • Active Network Participation: TRON ranks among the top three blockchains in terms of active addresses for the second half of 2024, with nearly 400 million active addresses. 

Read the full CryptoRank report here.

Cointelegraph

Cointelegraph’s research report provided a comprehensive analysis of TRON’s remarkable growth in 2024, highlighting its accomplishments in transaction volumes, ecosystem expansion, and innovative developments.

Key Insights from Cointelegraph:

  • Staking Expansion: Stake 2.0 adoption rose from 31% to 51%, providing users with enhanced flexibility and resource allocation.
  • Ecosystem Development: TRON demonstrated adaptability and growth with initiatives focused on a Bitcoin L2 integration, AI-driven solutions, and advanced security features. 

Read the full Cointelegraph report here.

A Growing Blockchain Ecosystem

These research reports reaffirm TRON’s position as a pioneer in blockchain innovation and global adoption. With its ability to deliver scalable, efficient, and cost-effective solutions, TRON continues to shape the future of decentralized technologies while driving progress across DeFi and stablecoin markets.

For more updates and insights, visit www.tron.network.

About TRON DAO

TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.

Founded in September 2017 by H.E. Justin Sun, the TRON blockchain has experienced significant growth since its MainNet launch in May 2018. Until recently, TRON hosted the largest circulating supply of USD Tether (USDT) stablecoin, exceeding $60 billion. As of January 2025, the TRON blockchain has recorded over 286 million in total user accounts, more than 9.5 billion in total transactions, and over $22.1 billion in total value locked (TVL), based on TRONSCAN.

TRONNetwork | TRONDAO | X | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum

Media Contact
Yeweon Park
[email protected]

The post TRON’s 2024 Recap: Record Growth Highlighted in Reports from Messari, CryptoQuant, CryptoRank, and Cointelegraph appeared first on CryptoSlate.

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