This Altcoin Surpassed Ethereum (ETH) in Trading Volume, Tripled!

According to Lookonchain data, the Tron (TRX) network USDT transaction volume, founded by Justin Sun, has tripled the Ethereum (ETH)-based USDT transaction volume.

Tron (TRX) Left Ethereum Behind!

The Tron network has experienced a significant increase in USDT transactions.

Data showed that the number of USDT transfers on the Tron network reached 2.39 million, which is 15 times more than the number of transfers on the Ethereum network.

Additionally, the USDT transaction volume in the history of the Tron network reached $17.67 billion, which is three times the volume recorded in the history of the Ethereum network.

According to experts, this significant increase reveals that investors prefer the Tron network over Ethereum in USDT transactions.

While Tron is preferred more for USDT transactions compared to the Ethereum network, ETH-based platform Celo recently surpassed Tron in the number of daily active addresses.

The $USDT transfers on #TronNetwork were 2.39M yesterday, 15 times more than on #Ethereum .

The $USDT volume on #TronNetwork was $17.67B yesterday, 3 times more than on #Ethereum . pic.twitter.com/VcmfxHBRHm

— Lookonchain (@lookonchain) September 27, 2024

*This is not investment advice.