Messari and CryptoRank Research Highlight TRON's Surging Onchain Activity

Geneva, Switzerland - August 7, 2024 - Messari and CryptoRank have released research reports spotlighting TRON's significant onchain activity increase over six consecutive quarters. These reports underline TRON's rising network engagement, emphasizing its strong technical architecture and scalability.

Messari's report presents TRON as a secure, efficient public blockchain utilizing Delegated Proof-of-Stake and Practical Byzantine Fault Tolerance. TRON's Virtual Machine, compatible with Ethereum's, enhances adoption through affordable and fast smart contract execution.

Key points include a 29% rise in daily transactions, a 31% increase in daily active addresses, and a continuous growth in new addresses and market cap. TRON DAO's strategic efforts like the Grants Program and a $100 million AI fund are driving ecosystem expansion.

CryptoRank's analysis lauds TRON's technical capabilities, highlighting its second place in dApps TVL and robust user activity. TRON's initiatives like Bitcoin Layer 2 integration aim to further its leadership in the blockchain space.