Mike McCarthy Profile picture
I don't know what Crypto is because I'm not a Cryptologist. Solo Think Tank.

May 13, 2021, 6 tweets

This is a USDT thread. Facts only, from Coinmetrics which reads on-chain data.

1. Marketcap

On April 19th 2021 the supply of USDT on #TRON surpassed #Ethereum and still continues to do so.

Marketcap Today:
🔴USDT_ETH = $26.9 billion
🟢USDT_TRX = $30.04 billion🥇

2. Daily Transactions

There have been more daily transaction on #TRON over #Ethereum every single day in 2021.

Daily Transactions Today:
🔴USDT_ETH = 175k
🟢USDT_TRX = 1.27Million🥇

3. Transactions per Second

There have been more TPS on #TRON over #Ethereum every single day in 2021.

TPS Today:
🔴USDT_ETH = 2 TPS
🟢USDT_TRX = 14.7 TPS🥇

4. Average Transaction Value

#Ethereum continues to be the waters where the USDT whales swim, with the highest average transaction value. I don't know if exchanges are included in this dataset.

Average Tx Value Today
🔴USDT_ETH = 54K🥇
🟢USDT_TRX = 7.9K

5. Active Address Count

Since Jan 17th 2021 there have been more USDT active addresses on #TRON than #Ethereum. Active USDT addresses on #TRON have 6X'ed since the start of the year.

Active Addresses Today:
🔴USDT_ETH = 118K
🟢USDT_TRX = 607K🥇

5. Daily Transaction/Transfer Value

#Ethereum dominated in January and February. Since April the daily transaction value on both chains has been neck and neck.

Transaction Value Today:
🔴USDT_ETH = $8.09Billion🥇
🟢USDT_TRX = $7.85Billion

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