Tron [TRX] Surpasses 200B Accounts, Nears $9.9T Transfer Volume

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Tron Reaches Significant Milestone

The cryptocurrency Tron [TRX] has reached and surpassed a significant milestone. The total number of accounts on Tron has now exceeded the 200 billion mark. This is a significant step for the network, which has been working towards this moment in recent days. Have you noticed any changes in the network or TRX?

Over 200 Billion Accounts on Tron

A few days ago, it was reported that the Tron network was on the verge of reaching a significant milestone in terms of the total number of accounts. With the latest update, the network can now boast over 200 billion accounts. An analysis of the scanner also showed that more than 140,000 new accounts were added in the last 24 hours alone. This indicates continuous and substantial growth.

Another Milestone in Sight: Transfer Volume

Another indicator closely monitored in the Tron network is the total transfer volume. Current data shows that this value is approaching a milestone. At the time of writing this article, the transfer volume was around 9.9 trillion dollars. An additional 13 billion dollars were added to this volume in the last 24 hours alone.

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Active Accounts on Tron

Another important indicator is the number of active accounts. Here it can be seen that the network has not yet reached the values observed at the beginning of the year. Currently, the number of daily active accounts is consistently around 1.9 to 2 million. For comparison: these numbers exceeded 2 million at the beginning of the year and occasionally even exceeded 3 million.

TRX Price Development

The analysis of the daily timeframe chart shows a remarkable change in Tron’s price trend after days of relative stability. In the last 48 hours, TRX has experienced an increase of over 3%. At the end of the trading day on December 8, it rose by 2.37%, which corresponds to a trading value of about $0.106. At the time of the press release, it has recorded another increase of over 1% and is now trading at about $0.107.

Outlook

Despite these positive movements, the chart shows that Tron has not yet entered a strong bull run. The Relative Strength Index (RSI) was over 60 in the latest data, indicating a bull trend. However, the analysis of the Moving Average Convergence Divergence (MACD) showed a weak bull trend. Although the trend has crossed above zero, indicating a positive shift, its overall strength remains weak at this point.

Sources: Tronscan, TradingView

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