The number of Tron and Toncoin daily active addresses saw a significant rise on Monday, Aug. 26, leading the charts by a large margin.

According to data provided by IntoTheBlock, the number of Tron TRX daily active addresses increased by 13%, leading the chart with 2.56 million unique active wallets. The total number of non-zero TRX addresses is at an all-time high of 110.78 million.

Toncoin TON secured the second spot after the number of daily active addresses increased by 79%, reaching a new all-time high of 2.23 million. The total number of non-zero TON addresses reached 43.82 million.

Tron and Toncoin are currently leading the chart by a significant margin, with Bitcoin BTC in the third spot at roughly 675,000 daily active addresses. This is mainly due to the increased usage of these networks, while BTC stands primarily as a store of value.

Despite the rise in Tron and Toncoin active addresses, data from ITB shows that both tokens are experiencing bearish on-chain signals.

TRX declined by 2.8% over the past 24 hours and is trading at $0.16 at the time of writing. The asset’s market cap is at $14 billion with a daily trading volume of $800 million.

TON registered a 4.6% fall over the past day and is trading at $5.38 at the reporting time. The asset’s market cap is hovering at $13.6 billion, making it the 10th-largest cryptocurrency.

According to ITB data, 99% of TRX holders are currently in profit, while over 80% of TON holders are at a loss.

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