TRON Network Breaks the 100 Million Address Milestone, Marking a Growth Surge

TRON (TRX) has achieved a significant milestone, surpassing 100 million addresses with a balance. This impressive growth reflects the network's evolution and increasing adoption. Notably, the weekly transaction volume of Tether (USDT) on TRON reached $110 billion, surpassing Ethereum, demonstrating TRON's low network fees and accessibility.

TRON Network Surpasses 100 Million Addresses with Balance: A Milestone in Growth and Evolution

In a significant milestone for the cryptocurrency ecosystem, the TRON (TRX) network has recently surpassed 100 million addresses with a balance, showcasing its remarkable growth and evolution since its mainnet activation in May 2018.

A Network on the Rise: Over 100 Million Addresses with Balance

According to a survey shared by the on-chain platform IntoTheBlock on April 13, the TRON network has reached this impressive milestone, representing an important indicator of its growing adoption and user base. This achievement underscores the network's progress and the increasing confidence in its capabilities.

Tether Thrives on TRON: $110 Billion Weekly Transaction Volume

In a further testament to TRON's growing popularity, the platform also revealed that the weekly transaction volume of Tether (USDT) on the TRON network reached an astounding $110 billion last week. This figure surpasses the transaction volume of USDT on Ethereum by more than double. The platform attributed USDT's success on TRON to its low network fees, making it a cost-effective and convenient way for individuals worldwide to access the US dollar.

TRON's Price Performance: A Minor Dip Amidst Growth

At the time of writing, the price of TRON (TRX) stood at US$0.1145, reflecting a moderate 5.3% decline in the preceding 24 hours. Despite this slight dip, the cryptocurrency registered a substantial trading volume of US$625,846,901, indicating continued trading activity and interest in TRON.

TRON: Promoting Internet Decentralization and Beyond

TRON (TRX) is an innovative platform leveraging blockchain technology and decentralized applications (DApps) to advance the decentralization of the internet. Its mission is to create a more accessible, equitable, and censorship-resistant online ecosystem.

TRON's Bitcoin Layer 2 Solution: Interconnecting Blockchains

In February, TRON founder Justin Sun announced that the TRON network was in the preparatory phase for launching its Bitcoin Layer 2 solution. This initiative aims to foster the decentralization of various tokens within the TRON network by connecting them to the Bitcoin network and its layer 2 constructs, including Bitcoin Ordinals.

Sun's vision is to establish a multifaceted integration between TRON and Bitcoin, facilitating access to Bitcoin's substantial value and injecting financial vitality into the Bitcoin network. He anticipates a future where Bitcoin-based assets become increasingly interconnected with TRON, with plans underway to seamlessly integrate multiple TRON tokens, including Tether (USDT), TRON (TRX), BitTorrent (BTT), JUST (JST), Sun Token (SUN), APENFT (NFT), WINkLink (WIN), and USDC, onto the Bitcoin network through cross-chain technology.

Conclusion: A Bright Future for TRON

The TRON network's recent achievements and the implementation of its Bitcoin Layer 2 solution underscore its commitment to growth and innovation. With its impressive user base, thriving ecosystem, and ambitious plans for the future, TRON is poised to continue making significant contributions to the cryptocurrency space.