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Posted: December 15, 2024
- Tron secured a major win in November as the network with the highest stablecoin transfers.
- Tron network cooled down slightly as TVL outflows continued, amid a recent surge in sell pressure.
Tron [TRX] had a bullish November like most other networks, seeing robust activity.
However, it shone more than its rivals in terms of stablecoin transfers during the month, building on strong momentum from previous months.
A recent CryptoQuant analysis revealed that Tron’s USDT transfer volume soared as high as $587.2 billion in November. This was the network’s highest monthly volume ever recorded.
It also meant that Tron was the top network during the month in terms of stablecoin transfers. The network’s stablecoin transfer has been steadily growing over the months.
Th…
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