Tron Active Addresses Surge as Network Cuts Fees by 60%

Tron Overtakes Competitors in Active Users

Tron has recorded significant on-chain activity while its native token TRX experienced price pressure over the past week. As of September 1, TRX traded near $0.34, reflecting a 0.9% daily decline and a 4.2% drop over seven days. 

Between a low of $0.33 and a high of $0.35, the token fluctuated throughout the week, capturing the market’s indecision and the short-term selling pressure that was present. The token registered a loss of 2.4% over the previous two weeks, while its 30-day return stood at 3.6%, suggesting that TRX has been relatively stable, in spite of the recent volatility. 

Surpassing Its Rivals for Active Users 

Despite price volatility, Tron has the most active addresses in blockchain networks. It has 2.48 Million active wallets, beating Solana’s 2.18 Million and Binance Smart Chain’s 2.28 Million. 

Ethereum and Bitcoin, although they lead in terms of total value locked, had a significantly lower number of active addresses, with 510,734 and 579,000, respectively. This contrast highlights the fact that it is one of the leading blockchains in terms of user and transaction activity. 

Network Usage Driven by Stablecoin Transactions  

Stablecoin transfers, in particular Tether (USDT), are the focus of Tron’s network activity. USDT transactions lead through volumes, as the stablecoin’s market capitalization hits $80.74 billion.

This reliance on stablecoin settlement has contributed to it's ability to sustain high participation rates despite having only 45 protocols compared to Ethereum’s 1,590. The consistent level of user engagement reflects strong demand for dollar-denominated transfers on the network.

Network Fee Reduction Approved

While activity levels remain high, the Tron token community recently voted to reduce transaction fees by 60%. The change took effect on Friday, as announced by founder Justin Sun on X. The adjustment makes the blockchain cheaper to use, though it directly reduces near-term network fee revenues. 

However, Sun noted that greater adoption and more transactions could offset this decline over time. Tron, currently valued at $31.9 billion in market capitalization, continues to serve as a major platform for stablecoin usage following this policy update.