Cryptocurrency Network Activity Hits Record High with Over 642 Million Transactions in September

New data from CryptoQuant reveals that the nine major cryptocurrency networks, excluding Solana, processed a staggering 642 million transactions in September. TRON dominated the landscape, accounting for 40% of all transactions with 279 million alone, followed by Polygon (112 million) and Arbitrum (87 million). The report highlights the network’s robust activity on the TRON network, specifically noting that USDT transfers exceeded $687 billion in September. This suggests a significant shift towards adoption of cryptocurrencies as a whole rather than just price speculation.