Analysts from IntoTheBlock noted the rapid growth of the Tron ecosystem, pointing to a 124% increase in the number of transactions ranging from $100 to $10,000 on the blockchain. This growth reflects the rising interest in the platform and its demand among users.
Projects based on Tron have collectively locked assets worth $8.14 billion, highlighting sustained activity within the ecosystem.
Leading the way are the protocols JustLend, JustStables, and SUN, with total locked funds of $5.811 billion, $1.69 billion, and $701.26 million, respectively. These projects continue to attract significant capital, strengthening Tron’s position in the DeFi market.
Additionally, Tether recently issued $1 billion in USDT on Tron, further confirming the trust of major players in the ecosystem.
Over the past year, the supply of stablecoins on the Tron blockchain has increased by $19 billion, which also indicates a significant rise in demand for fiat-backed digital currencies. This growth underscores Tron’s appeal as a platform for digital asset and stablecoin transactions, offering users low fees and high transaction speeds.