IntoTheBlock Integrates TRON Network Analytics for Enhanced Cryptocurrency Market Intelligence

IntoTheBlock, a frontline provider of on-chain analytics, has officially announced its integration of the TRON network into its Market Intelligence suite on February 29, 2024. This development, made possible through a collaboration with TRON DAO, allows for advanced indicators to be available without charge to the TRON DAO community. The TRON network is acknowledged for its robustness, extensive user base, and efficiency, marking its significance in the blockchain universe especially in the realms of decentralized applications and stablecoin usage.

With over 210 million total user accounts and generating more than 4.5 million daily transactions, TRON supports a substantial portion of the stablecoin market with a cap of approximately $51 billion. This represents over 37% of the global stablecoin market cap. The integration offers over 60 on-chain indicators freely to the TRON network's users, facilitating enriched analysis of the network. Jesus Rodriguez, CEO of IntoTheBlock, expressed that this collaboration underlines their commitment to democratizing access to high-quality market intelligence within the cryptocurrency sector.

David Uhryniak, Ecosystem Lead at TRON DAO, highlighted the integration's role in promoting transparency and offering valuable TRON network insights to users. IntoTheBlock also plans to feature the TRON network in future editions of IntoTheBlock’s Perspectives, thus contributing curated insights on Layer-1 networks and key industry trends.