- The total number of Tron accounts is gradually approaching 200 million.
- TRX’s movement remained flat but remained at $0.1.
At press time, Tron (TRX) was approaching a significant milestone in the total number of accounts on the network.
While this milestone is expected to be reached, what is the average number of active accounts and what is Tron’s current Total Value Locked (TVL) status?
Tron approaches a major milestone
AMBCrypto’s TronScan analysis revealed compelling statistics on network performance. The total number of accounts stands at 199.4 million at press time and is steadily approaching 200 million.
A whopping 145,000 new accounts were added in the last 24 hours alone. As of the latest data, the network boasts over 1.7 million active accounts.
Additionally, the total throughput of the network is on the verge of reaching an important milestone. As of this writing, total transfer volumes have surpassed $9.8 trillion, approaching the $10 trillion milestone.
Over the past 24 hours, transfer volume exceeded $6.3 billion. These figures highlight the strong activity and growth within the Tron network.
Tron maintains the second largest TVL.
Tron boasts one of the most realistic Total Value Locked (TVL) figures, and data from DefiLlama has highlighted the extent of this performance.
According to DefiLlama, Tron’s TVL ranks second behind Ethereum (ETH). As of this writing, Tron’s TVL was approximately $8 billion. This contributed significantly to the overall TVL (about $50 billion).
Ethereum leads the way with a TVL exceeding $28 billion, accounting for more than half of all TVLs. With an impressive TVL of over $8 billion, Tron has a significant share, accounting for over 15% of the total TVL.
Slow but steady TRX
Despite impressive performance in transmission volume and Total Value Locked (TVL), Tron’s price action has trended relatively calm.
AMBCrypto’s analysis of daily timeframe charts shows that TRX has maintained a nearly flat price trajectory over the past few days.
However, looking at the overall trend, we see a gradual increase over the past few months.
Source: TradingView
Is your portfolio green? Check out our TRX Profit Calculator
At the time of this writing, TRX was trading with its value increasing by less than 1%. This slight rise follows a similarly modest decline in the previous trading session.
Despite the sluggish trend, TRX maintained a price level of approximately $0.1. Additionally, the support level remained stable at around $0.09.