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- Tron’s total accounts now exceed 200 billion.
- TRX is up more than 3% in the last 48 hours.
The TRON (TRX) network has reached and surpassed a major milestone after counting down the past few days. Have there been any changes to the network or TRX?
The total number of Tron accounts exceeds 200 billion.
A few days ago, AMBCrypto reported that the Tron network is on the verge of achieving a major milestone in terms of total accounts.
As of the latest update, the network now boasts over 200 billion accounts. Additionally, Scanner analysis shows that more than 140,000 new accounts were added in the last 24 hours alone, indicating continued and significant growth.
Transfer size milestones are being reviewed.
Another closely monitored metric on Tron is total transfer volume. Recent data shows that this metric is approaching a milestone for the network.
At the time of this writing, the transfer volume was approximately $9.9 trillion. In the last 24 hours alone, an additional $13 billion was contributed to this amount.
These two indicators serve as important indicators of network growth over the past few weeks.
However, if we examine another key indicator, active accounts, it becomes clear that the network has not yet reached the levels observed at the beginning of the year.
Currently, the number of daily active accounts is consistent at around 1.9 to 2 million. By contrast, this number exceeded 2 million at the start of the year, and at times exceeded 3 million.
Source: TronScan
TRX rises along with the rest of the market.
Looking at the daily timeframe chart, we can see that there is a noticeable change in Tron’s price trend after several days of relative stability.
In the last 48 hours, TRX has increased by more than 3%. By the time trading closed on December 8, it had increased by 2.37%, reaching a transaction value of approximately $0.106.
As of press time, it is trading around $0.107, up more than 1%.
Source: TradingView
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Despite these positive movements, the charts show that Tron has not yet entered a strong bull market. The relative strength index (RSI) exceeded 60 based on the latest data, predicting an upward trend.
However, analyzing the moving average convergence and divergence (MACD) showed a weak bullish trend. Although the trend is above zero, indicating a positive change, the overall strength is weak at this point.