2. CoinDesk Data: User Activity, Payments, and DeFi Performance
CoinDesk Data's quarterly report on the TRON Network: Q4 2025 provides a detailed overview of the technical aspects and strategies of TRON as a high-throughput blockchain that supports payments, DeFi, and interoperability.
Key Highlights: User Activity & TRON Network Market Share recorded an average of 2.8 million daily active users in Q4 2025, up from 2.6 million in Q3.
Network Maintenance: 78% global peer-to-peer transaction market share 56% global retail-scale USDT transfer market share under $1,000 A surge in intent-based activity
TRON's intent-based transaction volume skyrocketed to $449 million in Q4 2025, marking a 899% increase from the previous quarter.
This makes TRON the third-largest ecosystem for intent-based activity, only behind Ethereum and Solana. TRON's lending and DeFi sector remains dominant, led by JustLend DAO with a total value locked (TVL) of $3.9 billion.
In October 2025, JustLend DAO launched a deflationary initiative, allocating the protocol's net revenue for periodic buybacks and burning of JST tokens, completing a buyback worth $17 million at the beginning of Q1 2026.
CoinDesk's analysis highlights TRON's ability to scale both retail payments and advanced DeFi activity simultaneously.
#TRONEcoStar @Justin Sun孙宇晨 @TRON DAO