Tron (TRX) Reports Significant Gains As Number Of Accounts Nears 100 Million

TRON (TRX) witnesses Considerable Results despite the latest bearish trends in the overall cryptocurrency market.

TRON’s latest weekly report highlights that over 1M new accounts were added within a week.

At the time of writing, TRX is trading at 0.08139 and is up by around 4.5% in the last twenty-four hours.

TRON (TRX) is a decentralized open-source blockchain-based operating system that has witnessed notable results amidst the fluctuating trends in the cryptocurrency sphere.

Everyone related to the crypto space knows that the market has witnessed many bearish trends off late. Still, TRON has been performing quite exceptionally with respect to both weekly and daily gains.

At the time of writing, TRX is trading at 0.08139 with a market cap of $7,702,187,914 and is up by around 4.5% in the last twenty-four hours. It currently stands among the top ten cryptocurrencies by market cap.

The latest report by the TRON DAO highlights that the total number of accounts on TRON mainnet has hit roughly 100 Million. And that 1,476,689 new accounts were added during the time period between May 16 and May 22.

Furthermore, it highlighted that the total number of transactions on the network reached 3.21 Billion and the Total Value Locked (TVL) reached $9.2 Billion. The data summary was also uploaded on a Tweet.

TRON Recently Joined Hands With Fireblocks

TRON (TRX) as a network is constantly taking steps to grow and gain users. As it recently entered into a collaboration with Fireblocks, which is an all-in-one platform for developing digital assets businesses.

Fireblocks signified via their Twitter that it now supports TRON blockchain and its native coin TRX.

Fireblocks now supports the TRON blockchain, including its native $TRX asset and TRC-20 coins! @trondao has over 86 million users & upwards of 3 billion transactions. Here’s how to access #TRON on Fireblocks: https://t.co/SKPnH90JY4 pic.twitter.com/4vg3DYYhCG
— Fireblocks (@FireblocksHQ) May 24, 2022

Justin Sun founded the TRON (TRX) network in 2017. It is a project directed toward Web3. It utilizes blockchain technology and Decentralised Apps (DApps). It is currently functioning as a fully decentralized network and a community-governed DAO.

Source: https://www.thecoinrepublic.com/2022/05/25/tron-trx-reports-significant-gains-as-number-of-accounts-nears-100-million/