Tron has exceeded 1 million daily transactions while growing its total number of accounts and online nodes. The 11th largest cryptocurrency is on its way to surpass the combined daily transaction volume of top three cryptos i.e. Bitcoin (BTC), Ethereum (ETH), and XRP.
Tron Celebrates Surassing 1 Million Daily Transactions
The 11th largest cryptocurrency has broken its own records by exceeding 1 million daily transactions recently. Tron founder and CEO Justin Sun took to Twitter to announce this accomplishment:
“#TRON surpassed 1 MILLION daily transactions!! Congrats @dmichaels24 @LittleTronChan @Cgj_Crypto @Moelands2020 @dantoszek18 for guessing right! What’s next?”
On November 4, Tron recorded the highest number of daily transactions at 1018795. While the lowest number was recorded on June 29 at 1397 as per Tronscan.org.
Soon, Tron will be able to surpass the combined daily transactions volume of top three cryptos viz. Bitcoin (BTC), Ethereum (ETH), and XRP as pointed out by a Tron enthusiast,
#TRON set a new record with 996,041 daily transactions on Nov 3 📈💥
Comparison on Nov 3:$BTC: 249,564$ETH: 505,015$XRP: 265,004
= 1019583 Total Txs#TRX is a mere 23,542 Txs from beating the combined daily transaction volumes of #BTC, #ETH & #XRP!#IAmDecentralized 🖖🏽$TRX pic.twitter.com/zaMtAjVRB1
— Misha Lederman (@mishalederman) November 4, 2018
Tron has already left Ethereum behind and in order to celebrate this achievement, as Sun has Tweeted a few days back, 1,000 TRX will be rewarded to each of the five winners,
“#TRON reached 990k transaction yesterday(11/02/2018). Almost 2x to that of #ethereum. Guess when TRON will reach 1M Tx per day? Guess & RT. I will randomly pick 5 winners for 1k $TRX each!”
Apart from daily transactions, Tron is constantly growing its addresses and nodes. With a block height of 3816367, the total number of accounts has reached 563823 while the online nodes are already past 1k at 1130.
Also, Ashburn, where 70 percent of the world’s online traffic goes through has the majority of the active TRX nodes.
Tron community is excited about this achievement as one Tron enthusiast shares,
“Congrats @justinsuntron you have been able to accomplish so much in such a short period of time. I can’t wait for the end of Q4 and what 2019 brings. I smell Top 5 by EOY 2019.”
At the time of writing, the $1.5 billion market cap cryptocurrency has been trading at $0.0235 with about a 4 percent surge in the past 24 hours.
Ashutosh Singh from Computer science background is a full-time content writer at Coingape. His passion lies in writing and delivering apt information to users. Currently, he does not hold any form of cryptocurrencies. Reach out to him at [email protected]