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ScottMelker
Aug 18, 2024
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Tron has become the second-largest blockchain by stablecoin market share, reaching $61.1 billion, which is 37.9% of the total market, trailing only Ethereum's $89.7 billion. This growth coincides with a significant increase in stablecoin transfer volume, up 158% year-to-date, and a surge in DeFi activity, pushing Tron's total value locked to an all-time high of $10.55 billion in March 2024. Additionally, Tron's daily on-chain revenue increased by 27% over the past year, while the daily volume on Tron-based dapps grew by 672%. TRX, Tron's native token, has risen by over 80% in the last year, currently trading at $0.133. Source: Cointelegraph

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