TRON Surpasses 401M User Accounts, Records Transaction Highs

TRON has surpassed 401.9 million user accounts on its blockchain, reaching this milestone after adding the final 100 million in just under three years. This growth represents a sustained pace of around 200,000 new accounts per day. The network's activity metrics have kept pace with user growth, delivering record-breaking transaction numbers for the third consecutive quarter.

In Q2, TRON processed an average of 11.8 million daily transactions and saw 3.6 million daily active addresses. A single-day peak of 14.6 million transactions occurred on June 15. The network's USDT supply has also seen significant growth, increasing from $87.9 billion to over $94 billion in just eight weeks.

The TRX price is currently trading at $0.32, within the Bollinger Bands. Analysts note that while the bearish structure and death cross on the MACD suggest potential short-term volatility exhaustion, any sustained move towards resistance will require a break above the 50-EMA at $0.34.