TRON Network Hits 170 Million Active Addresses, Demonstrating Growing Adoption

Tron (TRX), the popular blockchain platform, has achieved a significant milestone by surpassing 170 million active addresses on its network.

This achievement reflects the growing adoption and global reach of the TRX blockchain. The news was shared by the official TRX Twitter account, highlighting the positive outlook for the future of the platform.

In addition to the increasing number of active addresses, Tron has also emerged as the leader in terms of daily active users.

According to data from Token Terminal, TRX recorded more than 2 million daily active addresses, securing its position at the top of the list.

BNB Chain (BNB) and Polygon (MATIC) also made it to the top three on this list, showcasing the strong performance of these blockchain networks.

Alongside the rising adoption, Tron Dao made an exciting announcement on Twitter, revealing that stUSDT would soon be introduced to the Tron network.

This development marks an important milestone as it will be the first RWA (Real-World Asset) platform in the Tron ecosystem, opening up new possibilities and opportunities for TRX users.

The positive developments in the Tron ecosystem have also had an impact on TRX’s price, driving it higher on the weekly and daily charts.

CoinMarketCap data shows that TRX has gained over 4% in the last seven days, currently trading at $0.0767 with a market capitalization exceeding $6.8 billion.

However, it is worth noting that the recent price uptick has not been accompanied by a significant increase in trading volume, which can be seen as a bearish signal. Furthermore, TRX’s one-week price volatility has decreased, indicating a potential end to the current uptrend.