•  Tron maintained the coveted tag of being the chain with the largest user base.
  • About 20.01 million TRX tokens were moved out of circulation on 5 May.

Tron [TRX] stamped its authority in the crypto space as it established a massive lead over other major blockchains in the ecosystem. Data from data analytics platform, Artemis showed that Tron took the crown in terms of user base.

Read Tron’s [TRX] Price Prediction 2023-24

At press time, the total number of daily active users on Tron reached 1.87 million in the last 24 hours, eclipsing BNB Chain’s tally of 1.3 million and miles above chains like Ethereum [ETH] and Solana [SOL].

Besides, the daily transactions on the Tron network have also spiked since the beginning of May. In the last 24 hours, the network saw about 9.35 million transactions, second only to top-ranked Solana.

Source: Artemis

Move towards greater transparency

Amidst surging network activity, the Tron ecosystem forged an important partnership to improve the transparency of its blockchain data.

Tron joined hands with Footprint Analytics, a data analysis platform that links Web2 and Web3, to utilize the latter’s expertise in enhancing data usability, security and transparency. The collaboration could provide more advanced tools to the Tron community, so as to “unlock the full potential of blockchain.”

AMB-Crypto

AMB-Crypto

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