Tron DAO has joined forces with Nansen, a leading provider of blockchain tech data and research, and users can now get data and analysis on cryptocurrency and its ecosystem.
Here is an overview of Tron (TRON)
Tron and Nansen’s cryptocurrency data: 7 Million daily transactions in the past two months
The blockchain tech data and research provider, Nansen, announced its partnership with Tron DAO, and released analytics related to the Tron ecosystem.
In a roundup of tweets, Nansen stated some of the strengths of the Tron ecosystem, specifying that owing to its minimal charges and speed of transactions, the blockchain tech has been chosen by users to transfer Tether (USDT) (USDT).
And yes, Nansen notes that that 40 percent of the activity on the Tron network is precisely transactions of USDT, the TRC-20 token.
This has resulted in the Tron blockchain tech processing greater than 7 Million daily transactions in the past two months, far surpassing Ethereum (ETH), which handled only 1 million.
Not only that, the blockchain tech established by Justin Sun has over 1.5 Million unique active addresses per day, which puts it well over trending chains such as Ethereum (ETH), Solana (SOL) and Arbitrum.
Tron and Nansen: who is the blockchain tech and cryptocurrency data provider?
The provider of blockchain tech and cryptocurrency data chosen by Tron DAO, Nansen, offers a powerful suite of analytics tools that no one else has, remarkably fast.
And yes, Nansen processes greater than 500 TB per day, labeling greater than 250 Million addresses on greater than 16 blockchains teck, representing over 80 percent of all on-chain volume.
Its products can increase users’ knowledge tenfold while reducing their workload.
Nansen Query is a powerful, code-free digital currency analysis tool built for the most ambitious customers, offering exclusive access to professional analysis and an exclusive community for networking with other digital currency leaders.
Furthermore, Nansen Query enables programmatic analysis of blockchain tech data with SQL and APIs on over 15 chains and digital currency monitoring on over 45 chains, all in a single interface.
Users can then access the Nansen Pro dashboard to view a complete overview of TRON, so they can get all the real-time on-chain information.
Tron and Justin Sun likewise sued by the United States SEC
Among the cryptocurrency news of the past two months is the lawsuit against Justin Sun, the founder of Tron, by the United States SEC for allegedly offering and selling TRX crypto tokens as unregistered securities.
Much like Ripple (XRP), the 1st cryptocurrency company to be indicted by the SEC for the same reason in a lawsuit that began in 2020, TRX is now apparently likewise under indictment.
In addition of that, Binance. United States has announced the delisting of TRX from its platform, on the grounds that the cryptocurrency does not meet the high standards of the United States version of the crypto-exchange.
Nonetheless, amid all this, Sun appears to be more interested in looking for other places in the world that are favorable to Web 3.0 expansion, rather than fighting against the “confusing regulation” in the US.
And yes, Sun has shown interest in Hong Kong, even as compared to Singapore.
TRX’s price recovery
In the previous 30 days, the price of Tron (TRX) seems to have recovered its way, registering a completely positive tendency tendency, starting from $0.066 to the present $0.078, a 17.53 percent pump.
In the overall cryptocurrency ranking, Tron is the 11th cryptocurrency by market capitalization, exceeding $7 billion at the time of writing.
The present price is still far from the record-breaking peak recorded by TRX back in April 2021 of $0.164. Still, it is a considerable recovery that brings it back to last year’s levels, just before its whole lot of dumps at $0.050.