According to a report from Messari, Tron blockchain experienced an increase in usage in Q1 2023, with its native token TRX's market cap up by almost 20%. Despite the SEC announcing lawsuits against Tron ecosystem tokens, the network activity remained mostly unaffected, with total quarterly revenue climbing to $90.04 million, an 88% jump from Q4 2022. The report also highlighted that the increase in average daily transactions can be partially attributed to staking activity on the network, with the total transaction count originating from staking activity up by 197% QoQ. Additionally, Tron's position in the stablecoin landscape remains substantial, with its USDT market cap increasing by 30% to $10 billion QoQ.