TRON added 197,989 accounts in 24 hours, pushing past 310M users, showing unmatched adoption among Layer 1 networks.
TRON hit $18.79T in daily transfers while TVL dropped 1.39%, signaling massive liquidity flow amid reduced lock-in.
Over 6.34M smart contracts now power TRON’s dApps and DeFi, fueling developer momentum despite TRX price pressure.
TRON has surpassed 310 million total accounts as of May 29, recording 197,989 new signups in a single 24-hour window. This milestone cements the blockchain’s place among the most widely adopted Layer 1 networks in the digital asset sector.
The network's user acquisition continues to accelerate despite broader volatility. The sharp increase in account creation is fueling confidence among investors and builders focused on dApps, DeFi, and high-frequency transactions.
The expansion arrives as TRON continues to outperform on multiple chain-level metrics, including smart contract deployment, staking velocity, and stablecoin movement, particularly involving USDT, which dominates transactional liquidity on the chain.
Massive Token Transfer Volume Contrasts TVL Decline
Total transfer volume on TRON reached $18.79 trillion in the past 24 hours, reflecting a $25.53 billion spike in value circulation. The surge highlights growing liquidity mobility even as Total Value Locked (TVL) declined 1.39% to $23.4 billion.
According to Tronscan, TRX staking leads TVL concentration, locking $11.76 billion under governance contracts. JustLend DAO and Just Cryptos follow with $7.22 billion and $3.18 billion, respectively, capturing liquidity in lending, borrowing, and cross-chain flows.
Other protocols, such as SUN.io and USDD, round out TRON’s DeFi architecture. SUN.io retains $709 million in yield-farm and DEX TVL, while USDD contributes $413 million through algorithmic stablecoin staking across risk-adjusted pools.
Transaction Volume Hits 10.5B as Real-Time Usage Spikes
The network processed 8.5 million transactions in the past 24 hours, pushing total on-chain activity to 10.5 billion operations. TRON’s current TPS sits at 156 with a maximum observed capacity of 1,035, confirming its suitability for high-volume, low-fee applications.
TRON’s growing transaction base aligns with broader usage of TRC20 assets, dApps, and token issuance platforms. Over 6.34 million smart contracts are now deployed, powering real-time applications across gaming, DeFi, and NFT verticals.
Meanwhile, active network infrastructure includes 7,309 validator nodes and 183,227 tokens issued, reflecting continued developer and community commitment to decentralized governance and programmable money flows.
TRX Token Faces Price Weakness Despite Bullish Fundamentals
TRX is currently priced at $0.2686, down 1.14% over the past day, with a total market capitalization of $25.5 billion. Trading volume for the period stood at $755 million, confirming strong exchange liquidity amid price compression.
TRX’s staking footprint remains robust, with 43.69 billion tokens, about 46% of the total supply, locked in long-term smart contracts. This reinforces capital commitment despite short-term market declines and shifting investor sentiment.
Over the past 14 days, total TRX supply has contracted by 0.73%, pointing to reduced circulation and possible deflationary positioning. The network’s supply mechanics and staking participation remain key metrics for forward-looking holders and governance voters.
Development Activity Expands with Smart Contract Surge
Smart contract deployments surged past 6.34 million, with developers aggressively launching new TRC20 dApps and ecosystem utilities. The consistent growth indicates rising platform stickiness for DeFi engineers and GameFi innovators.
Contract and token issuance are concentrated across six major verticals, from governance staking and liquidity farming to cross-chain bridges and algorithmic stablecoins. USDT, SUNWUKONG, and SUNCAT led token search trends, reflecting rising meme coin and stablecoin interest.
Network growth is further supported by TRON’s throughput, cost efficiency, and modular developer tools. Its real-time scalability continues to attract ecosystem projects looking to avoid congestion and high gas fees seen on rival Layer 1s.
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