Tron Active Addresses Surge 69% to Over 11 Million in One Week

Tron network’s October metrics show major growth in DEX and perpetual trading volumes, along with a significant rise in user activity and transactions.

TRX

Summary

In October, Tron network reported monthly DEX trading volume of $3.044 billion, marking a 174.39% month-on-month surge. Perpetual contract (perps) volume reached $2.447 billion. Active addresses totaled 87.72 million for the month, while network transactions hit 304.34 million. These figures indicate strong expansion in trading activity and overall blockchain usage.

Terms & Concepts
  • Active Addresses: Unique wallet addresses engaged in transactions over a given period, indicating usage and network activity.
  • Blockchain Network Transactions: The total number of transfers or interactions recorded on a blockchain within a specific timeframe.
  • Tron: A blockchain platform designed for decentralized applications and high-throughput smart contracts, known for its low transaction fees.