Messari and Nansen Report Record Q2 Activity on TRON as USDT Transfers Reach $2.1 Trillion
Key Takeaways
- •TRON recorded 1.08 billion transactions in Q2 2026, with average daily transactions rising 8.7% quarter over quarter to 11.8 million.
- •The network reached a record single day of 14.6 million transactions on June 15, while average daily active addresses rose to 3.6 million in Messari’s data.
- •Messari said TRON activated Falcon-512 and ML-DSA-44 signatures on the Nile testnet as part of its post-quantum upgrade program.
- •Nansen reported that TRON averaged about 4.4 million daily active addresses in Q2, up 37.5% from the prior quarter.
- •Securitize launched Hamilton Lane’s tokenized HLSCOPE fund on TRON, and new listings and integrations expanded regulated and cross-chain access to the network.

Geneva, Switzerland, August 12, 2026 — Messari and Nansen, two blockchain research and analytics platforms, have published independent reports on activity across the TRON network in the second quarter of 2026. The reports cite record transaction and address activity, ongoing protocol development through governance upgrades and progress toward post-quantum capabilities, and broader institutional adoption through expanded market access and real-world asset deployment.
Messari
Messari’s State of TRON Q2 2026 reviews network activity and development in the second quarter, including fee trends, transaction and address growth, and progress across protocol governance and infrastructure, including the network’s post-quantum initiative.
Key insights from Messari
Record network activity: Average daily transactions on TRON increased 8.7% quarter over quarter from 10.9 million to 11.8 million, totaling 1.08 billion transactions in Q2 2026 and setting a new quarterly record for the third consecutive quarter. The network also recorded its highest single day on record, with 14.6 million transactions on June 15. Average daily active addresses rose 11.7% quarter over quarter from 3.2 million to 3.6 million, also a record.
Institutional and regulated access expanded across several fronts. Securitize issued its first asset on TRON, Hamilton Lane’s tokenized HLSCOPE credit fund. OKX Europe listed MiFID-compliant TRX expiry perpetuals, CFTC-registered Bitnomial Exchange launched spot TRX trading, BinanceUS restored TRX trading, and Grayscale included TRX on its Q2 assets-under-consideration list. Together, those moves show how TRON’s network activity is being matched by broader availability through exchanges, asset managers, and regulated market venues.
Post-quantum initiative: On April 14, 2026, TRON announced its post-quantum upgrade program, targeting deployment of NIST-standardized signature schemes. The network activated Falcon-512 and ML-DSA-44 signatures on the Nile testnet on July 3. TRON said it is positioning itself to become the first major public blockchain with NIST-standardized post-quantum signatures on mainnet.
Read the full report from Messari here:
Nansen
Nansen’s TRON Quarterly Report: Q2 2026 examines TRON’s expanding institutional and cross-chain footprint, ongoing security milestones, and continued growth in developer and community engagement during the second quarter of 2026.
Key insights from Nansen
Daily active addresses: TRON averaged approximately 4.4 million daily active addresses in Q2 2026, ranging from 3.1 million to 5.8 million. That compares with a Q1 average of 3.2 million, an increase of 37.5% quarter over quarter. Nansen said the sustained multi-million address count supports TRON’s position as one of the most actively used blockchain networks globally, with usage patterns reflecting real economic activity.
RWA and institutional finance: In early June, Securitize deployed Hamilton Lane’s tokenized Senior Credit Opportunities Fund (HLSCOPE) on the TRON blockchain, marking the first Securitize-issued asset to launch on the network. Securitize manages more than $4 billion in total assets under management and partners with Apollo, BlackRock, BNY, KKR, and VanEck. Nansen described the deployment as a meaningful signal of institutional confidence. Securitize is the only entity licensed to operate regulated digital-securities infrastructure across both the U.S. and EU markets.
Nansen also pointed to TRON’s cross-chain infrastructure buildout. The LI.FI and Jumper integrations, which arrived back-to-back in late April, improved TRON’s interoperability with the broader multi-chain landscape. For a network that processes the majority of global USDT flow, the ability to bridge assets from dozens of other chains into TRON’s ecosystem reduces friction for both retail users and developers. Combined with Wormhole’s role as Securitize’s interoperability partner for HLSCOPE, TRON is increasingly connected to cross-chain liquidity rather than operating as an isolated stablecoin silo.
Read the full report from Nansen here:
TRON’s second-quarter developments point to continued growth across the network, with protocol upgrades, progress on post-quantum security, and broader institutional access across markets and asset classes. Record transaction activity, rising developer participation, and expanding institutional adoption further underscore TRON’s role as infrastructure for global stablecoin settlement and digital asset activity.
About TRON DAO
TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and dApps.
Founded in September 2017, the TRON blockchain has grown significantly since its MainNet launch in May 2018. Until recently, TRON hosted the largest circulating supply of USD Tether (USDT) stablecoin, which currently exceeds $90 billion. As of August 2026, the TRON blockchain has recorded more than 398 million total user accounts, over 15 billion total transactions, and more than $27 billion in total value locked (TVL), based on TRONSCAN. TRON describes itself as the global settlement layer for stablecoin transactions and everyday purchases and says it is “Moving Trillions, Empowering Billions.”
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