š 2024 L1 Recap:Ā $TRX Flexes Hard! šŖš.... Alright, fam, itās confession time: Weāre TRX stans. After seeing its glow-up this year, how could we not be?
1ļøā£ Price Action: TRX went fromĀ $0.108 toĀ $0.253 in 2024āa solid 134% gain! š Not too shabby. And who could forget December 3rd? šš TRX hit a jaw-droppingĀ $0.416, riding the altcoin hype train. Sure, it was a one-day wonder, but some speedy sellers cashed out big. Us? Weāre still kicking ourselves for not stacking more TRX when it was dirt cheap. š
2ļøā£ Users & Transactions: TRXās daily stats were š„. Think 5 million+ transactions and 2 users a day on average (okay, weāre rounding down a bit, but you get the point). TRX rankedĀ #2Ā in daily users and transactions, just behindĀ $SOL . Most of the action? Wallet transfers (70%) and stablecoin activity (10%).
3ļøā£ Fees: TRX raked in a coolĀ $2Ā million daily in fees, thanks to SunPump (their memecoin launchpad thatās basically a money printer). Compare that toĀ #AVAX āsĀ $10kĀ orĀ #DOT āsĀ $1.4 (yes, you read that right), and itās clear TRX is living large. š„“šØ
4ļøā£ TVL (Total Value Locked): TRX ended the year withĀ $7.4 billion in TVL, slightly down fromĀ $8Ā billion at the start but still flexing as theĀ #3Ā L1, behind onlyĀ $ETH and SOL. PoorĀ #SUI , with itsĀ $1.6 billion TVL, has some serious catching up to do. š
5ļøā£ Stablecoins: TRX is a stablecoin beast. Its supply grew fromĀ $47Ā billion toĀ $60Ā billion, snagging 32% of the global stablecoin pie. š¹šŖ Over half of all USDT in circulation now lives onĀ #TRX . ETH may hold the top spot, but TRX is right there, showing why itās a force to be reckoned with. āļøš
TL;DR: TRX crushed it in 2024 with solid growth in price, transactions, and fees, while dominating the stablecoin game. Our one regret? Not buying more when it was cheaper. Lesson learned for 2025ābuy the dip, HODL the hype! š
