• Tron outperformed the rest of the top blockchain cohort in terms of transaction efficiency.
• TRX showed signs of potential pivot as the bears lose momentum, and whales accumulate.

TRON[TRX] has emerged as the blockchain network with the highest transaction value among its top peers. A recent analysis indicates that Tron ranks highest in cost-effectiveness.

According to CryptoQuant, Tron had the highest Transaction-to-Price Ratio (TPR). This metric compares the total daily transaction value to the price of the network’s native cryptocurrency.

Tron’s TPR outpaced major blockchain rivals, including Bitcoin [BTC], Ethereum[ETH], and Toncoin [TON].

This transaction efficiency positively impacted the Tron network. The daily transaction count grew from 3.4 million to 10.47 million over the last 12 months.

In the short term, daily transactions on the Tron network grew from 6.09 million on the 12th of January 12 to 8.37 million on the 20th of January. This surge reflects recent market excitement, showing Tron’s ability to capitalize.

Tron network fees cooled down slightly in 2024 after reaching impressive levels earlier in the year.

For example, daily fees dipped below $6 million at the end of December as the Q4 2024 bearish momentum ran out of steam.