The TRON network has demonstrated remarkable growth during the latter half of 2024, showcasing impressive advancements in key metrics and cryptocurrency transactions. This surge has solidified TRON’s dominance in the realm of stablecoin transfers, with its asset, TRX, reaching an all-time high, sparking considerable interest among cryptocurrency enthusiasts.
How High Did TRX Climb?
In December 2024, TRX hit a record price of $0.416, a substantial increase from $0.225 at the beginning of 2025. Notably, 94% of TRX wallets are currently seeing profits, indicating a strong performance of this cryptocurrency.
What Drives TRON’s Dominance in Stablecoin Transfers?
TRON has excelled in the stablecoin market, facilitating a staggering 3 trillion USDT transfers in the last half of 2024. Ranking just behind Ethereum and Solana, TRON’s cost-effectiveness and dependable network have made it a favored platform among users, bolstered by support from major exchanges.
- TRX achieved a historical price peak of $0.416 in December 2024.
- 94% of wallets are currently profitable.
- TRON executed 3 trillion USDT transfers, reinforcing its position in the market.
- The newly launched SunPump platform has opened doors in the memecoin sector.
- TRON’s Financial Crime Unit has successfully reduced illegal transactions by 50%.
TRON’s initiatives, including the establishment of the T3 Financial Crime Unit in collaboration with Tether and TRM, have led to significant results in reducing illegal transactions. The network has frozen $100 million in illicit funds, marking a 50% drop in such activities. Looking forward, TRON is gearing up to integrate artificial intelligence into its operations in 2025, with aspirations of further enhancing its innovative capabilities under Justin Sun’s guidance.
