Tron Network is about to surpass its highest quarterly transactions number. According to data, the TRON network’s quarterly transaction count is getting close to its highest point ever.
The milestone comes on the back of a rise in hype and demand for the network, which has made investors flock to the network for the entirety of 2024.
Tron’s Quarterly Transactions On Track For New ATH
Tron’s previous record was 831.3 million transactions in Q2 2023. Transaction activity on the TRON network has grown as of January 12, 2025, indicating greater acceptance and usage.
The increasing demand for decentralized apps (dApps) inside the TRON ecosystem and the network’s affordable transaction costs in comparison to other blockchain platforms are two reasons for this rebound in transaction volume.
Tron’s Transaction Surge Stays in Tandem With Rise in Revenue
The rise in quarterly transactions comes as Tron has also experienced a surge in revenue in 2024.
In 2024, the TRON Network achieved $2.12 billion in total revenue annually. The impressive achievement, which shows a significant year-over-year growth of 115.73%, underscores the platform’s growing clout in the blockchain industry.
The income numbers also show how well TRON has positioned itself in important blockchain markets, such as non-fungible tokens (NFTs), decentralized finance (DeFi), and other blockchain-based applications.
TRON’s status as a significant participant in the global cryptocurrency ecosystem has been cemented by its development trajectory, which reflects growing adoption in both the institutional and retail sectors.
Also Read: Tron Founder Justin Sun Denies Any Ethereum Liquidation Rumors
Tron Technical Indicators: What Do They Say?
With more than $54 million in fees, $TRX has become one of the best-performing tokens of 2025 and is now the second-most profitable token after Tether.
However, with a current fall of over 5% in prices, TRON has been a bit behind the market curve in terms of price movement.
The technical indicators of the coin suggest that the Fear & Greed Index is currently at 62 (Greed), and the sentiment is currently bearish.
Over the previous 30 days, TRON had 12/30 (40%) green days and 5.23% price volatility. With 11 technical analysis indicators indicating optimistic signals and 17 indicating bearish signs, the overall sentiment for the price prognosis of TRON is still in doldrums.
If investors manage to find optimistic cues in the future, it is likely that this bearing trend can reverse, giving the coin the much-needed momentum that it deserves.
The Relative Strength Index (RSI) momentum oscillator is a commonly employed tool to evaluate whether a cryptocurrency is overbought (above 70) or oversold (below 30). Currently, the TRX market is in a neutral stance, as reflected by an RSI reading of 38.95.
Also Read: Tron Founder Justin Sun Claims Crypto Token Value Directly Tied To Business Fundamentals