TRON Network Hits New Record High Transaction Volume in April
According to the latest on-chain data, TRON has witnessed one of the most active months in April, where it recorded 290.85 million transactions in the entire month, thanks to 76.09 million active addresses. This was a direct growth of 53.8% and 46.7% on a month-over-month (MoM) respectively.
TRON Sees Growth Following Boom in Stablecoin Market
The report comes after TRON generated a record-breaking revenue in Q1, 2026, after it generated $82.2 million in protocol fees. In the leaderboard of aggregate fees, TRON has secured the second place, just falling behind Hyperliquid with $158.15 million in fees. This has shocked the DeFi world, as already established networks such as Solana and Ethereum were far behind in the leaderboard.
(Source: DeFiLIama)
The biggest factor behind the growth of the TRON network is the boom in the stablecoin market, which currently stands at $322 billion. While Ethereum is still holding over 50% of all stablecoin total value, TRON has witnessed a sharp growth in the last few months. According to DeFiLIama, the network is currently holding up more than $90 billion in stablecoin market cap, thanks to the presence of popular stablecoins like USDT.
(Source: tronscan.org)
TRON has also expanded its operations beyond stablecoins by making partnerships with major players in the financial world. In the first three months of 2026, the network joined the Mastercard Crypto Partner Program. The main purpose of this program is to allow TRX and USDT to be used at a large number of stores as well as for different purposes around the world.
Apart from this, TRON has witnessed other major integrations, including native support from MetaMask, WalletConnect, the Reown software development kit, and cross-chain tools such as deBridge, Hyperlane, and Zerion Wallet.
The network has also entered into an agentic AI infrastructure along with institutional derivatives. This includes offering options on the Deribit exchange. In order to expand its presence, the network has made various upgrades. For example, Democritus’ main network has improved its compatibility with the Ethereum Virtual Machine.
Amid these major developments on the network, the TRX token has witnessed positive upward momentum. At the time of writing, TRX is currently trading at around $0.3677 with a 13% rise in the last 30 days, according to CoinMarketCap. The cryptocurrency currently holds a market capitalization of around $34.86 billion.
The network is also preparing for the quantum computing threat. In April, Justin Sun, founder of TRON, stated in a post on X that, “While Bitcoin debates whether to freeze vulnerable coins and Ethereum forms research committees, TRON is building. Today I’m announcing that TRON is officially launching its post-quantum upgrade initiative. TRON will be the first major public blockchain to deploy NIST-standardized post-quantum cryptographic signatures on mainnet. Quantum security shouldn’t be a debate. It should be a feature. We will ensure that no TRON user ever loses their assets to quantum threats.”
Ethereum Faces Revenue-related Issues in 2026
While networks like TRON are growing rapidly, Ethereum is facing issues related to revenue despite witnessing record-breaking transaction volumes and on-chain activities. The reason behind these is upgrades like Dencun has cut down fee revenue and ETH burn rates.
In the latest post, Dankrad Feist stated in the post on X that, “The way to save Ethereum: The community needs to create an organization that’s economically aligned with Ethereum and accountable to it. The EF now holds less than 0.1% of all ETH. There is no flow of Ethereum staking or fee revenues to it.”
