TRON has firmly established itself as a core player among mainstream public chains, thanks to its complete ecosystem, active user base, and large asset scale.
Especially in this round of the cryptocurrency bull market, the achievements TRON has made are astonishing: not only is it the public chain network with the highest issuance of USDT, but it also serves as the preferred settlement layer for stablecoins, handling about 60% of stablecoin trading volume; its monthly revenue in May exceeded $350 million, making it the second most profitable product in the crypto market, and more.
According to DeFiLlama data, on June 16, the total locked value (TVL) of DeFi applications within the TRON ecosystem reached $4.84 billion, with more than 2.3 million active addresses and stablecoin assets nearing $80 billion, consistently ranking among the top five in the entire public chain market.
These impressive data not only showcase TRON's solid user base and robust asset strength but also serve as a powerful testament to its ecological prosperity.
The "three driving forces" behind data growth: approximately 200,000 daily new addresses, asset volume exceeding trillions, and diverse ecological agreements.
Over the past year, on-chain data for TRON has shown explosive growth, and the ecological vitality is at its peak. "Daily new addresses exceeding 200,000, on-chain circulating asset volume exceeding trillions, and the ecological agreements being rich and diverse" are the "three driving forces" behind TRON's data growth, showcasing its strong development potential and leading market competitiveness.
In terms of user scale and growth, the TRON network's user base is steadily expanding, with the total number of on-chain accounts and new addresses maintaining strong growth momentum, making the user base increasingly solid. According to TRONScan data, as of June 13, the total number of on-chain accounts has exceeded 313 million, with over 200,000 new addresses added daily, more than 8.67 million daily transactions, and a total daily transfer asset value reaching $25 billion.
It is worth mentioning that the growth trend of on-chain address accounts for TRON shows a stable linear trajectory. Looking back to the same day a year ago, the total number of on-chain accounts was about 237 million, and now it has achieved over 32% leap growth, with an average of about 210,000 new accounts added daily. This data not only strongly confirms the continuous expansion of TRON's user base but also highlights the broad appeal and strong market penetration of its ecosystem, successfully attracting a massive user base globally and laying a solid foundation for the ongoing prosperity of the ecosystem.
In terms of transaction data processing, the TRON network has also performed exceptionally well, with on-chain transactions being extremely active, reaching millions to hundreds of millions daily. The average daily total transfer value on-chain has maintained above $23 billion for the past 30 days. Such large-scale and high-frequency transaction data not only reflects TRON's strong capabilities in capital circulation but also indicates its network possesses relatively stable and secure characteristics.
In terms of asset scale, TRON has shown strong growth momentum. From the total locked value (TVC) of circulating assets on TRON, it has increased by over 40% this year, and the assets present a diversified ecological system.
According to TRONScan browser data, as of June 13, the total circulating asset value (TVC) in the TRON network is approximately $115.5 trillion, marking a significant growth of 40% compared to the same period last year. Among them, the top three circulating assets in the TRON network are USDT (approximately $78.8 billion), TRX (approximately $25.9 billion), WBT (approximately $2.66 billion), followed closely by BTC and ETH. Additionally, there are assets from TRON ecosystem projects such as WBT, HTX, USDD, BTT, NFT, and TUSD, covering a wide range of fields, jointly building a rich and multi-layered value system, becoming more diversified.
Regarding network activity, the Gas fee consumption situation is indicative. In the TRON network, the Gas fee mechanism is presented in the form of a combination of energy (Energy) and bandwidth (Bandwidth). Users need to consume Gas fees to cover costs when performing operations such as transfers and withdrawals.
Official browser data shows that in the past year, energy consumption has surged from an initial 80 billion to 190 billion, an increase of 240%. This skyrocketing data not only intuitively showcases the explosive growth of network transaction activity but also indirectly validates the strong positive correlation between energy consumption and users' real trading needs. Higher energy demand means more frequent on-chain transactions such as transfers and contract calls, highlighting the prosperity of the TRON network ecosystem and the depth and breadth of user participation.
From the distribution of energy consumption accounts, top cryptocurrency exchanges such as OKX, Bybit, and Binance occupy the top 10 positions, with high-frequency energy consumption intuitively reflecting their deep reliance on and substantial demand for the TRON network, highlighting the TRON network's excellent performance in supporting large-scale commercial-grade applications and its strategic position as a key infrastructure for leading exchanges, bridging digital asset trading with Web3 technologies.
In terms of ecological development, TRON's ecological applications have covered trading hub SUN.io, and the MEME asset issuance platform SunPump, as well as the one-stop DeFi solution JUST, which has launched the lending system JustLend DAO, liquidity staking protocol Staked TRX, energy leasing platform, and stablecoin USDD, among other core protocols and products, enriching TRON's DeFi ecosystem and providing users with diverse choices.
As of June 16, the TVL on TRON has exceeded $22 billion, remaining stable around $20 billion for nearly a year. Among them, the TVL of staking TRX has exceeded $11.8 billion, taking the largest share; the TVL of lending JustLend DAO is approximately $5.5 billion, ranking second; the TVL of cross-chain Just Cryptos is $3.3 billion; the TVL of trading platform SUN.io is $700 million; and the TVL of stablecoin USDD is $458 million. These data fully demonstrate the prosperity and vitality of the TRON ecosystem, indicating its broad development prospects.
An overview of the mainstream DApps in the TRON ecosystem.
1. JUST one-stop DeFi solution
JUST focuses on developing DeFi protocols based on TRON, aiming to create a one-stop financial solution for users. Its product matrix includes various components such as JustLendDAO, USDD, sTRX, Energy Rental, JustCrypto, JustStable, etc., providing users with a diversified financial experience in a one-stop manner to meet different users' diverse needs in the DeFi field.
According to official data, as of June 16, the total TVL of the JUST protocol is close to approximately $9.3 billion.
● JustLendDAO is the first official lending platform on TRON, where users can not only engage in collateralized lending but also deposit idle assets to earn stable interest, achieving flexible asset appreciation.
● USDD is a fully decentralized stablecoin pegged 1:1 to the US dollar, supporting over-collateralization of quality crypto assets such as TRX and USDT for minting.
● sTRX (Stake TRX) is a liquidity staking product based on TRON, providing users with higher yield returns while offering more flexible unstaking options, allowing users to adjust asset allocation flexibly according to their needs while enjoying staking returns.
● Energy Rental is a unique energy rental platform within the TRON ecosystem, providing energy rental services for different addresses. By renting energy, on-chain transaction users do not need to directly consume TRX to exchange for resources, similar to using an "energy coupon," significantly reducing Gas fee costs and improving fund utilization efficiency, making transactions more economical.
● JustCrypto is a cross-chain token supported by the JUST ecosystem that allows cross-chain assets like BTC, ETH, DOGE, and LTC to maintain price stability across different networks, with its cross-chain mechanism provided by quality platforms like Poloniex and BitTorrent Chain.
2. Lending ecosystem JustLendDAO
JustLend DAO is an efficient and flexible lending service platform based on TRON. Here, users can invest idle funds to easily earn interest; at the same time, they can borrow other crypto assets, cleverly utilizing leverage effects to amplify investment returns. Both parties in the lending operation are automated based on smart contracts, with the system automatically setting floating rates based on the supply and demand of specific assets on JustLend DAO, ensuring dynamic balance and reasonableness of the assets.
Currently, the lending assets primarily supported by the JustLend platform include TRX, USDT, USDD, SUN, JST, BTC, ETH, TUSD, BTT, etc.
According to DeFiLama data, on June 16, the TVL on the JustLend platform reached approximately $3.4 billion, ranking among the top three in the entire lending market.
In addition to the lending product JustLend, JustLend DAO also provides Staked TRX staking and energy rental services.
Among them, the Staked TRX service provides users with a convenient staking method. Users can stake TRX for sTRX with a single click. The staked TRX will be used for voting governance and energy leasing, and users can easily earn staking returns just by holding sTRX. As of June 16, the number of TRX staked on the platform has reached 8.166 billion, with over 4,600 addresses participating in staking, and the current annual yield is 8.67%.
However, according to on-chain data from TRONScan, as of June 16, the number of TRX holding addresses has exceeded 182 million, with a market value exceeding $25.6 billion, indicating a very large holding user base. Currently, the staking market penetration rate is only 8.6%, meaning there is still significant growth potential in participation.
Energy Rental is another thoughtful feature provided by JustLend DAO, supporting users to directly rent energy to offset Gas fee consumption, without having to burn TRX as Gas fee. This feature can help users save on on-chain transaction costs. Analysis of on-chain data from TRON shows that the number of user holding addresses and transaction frequency are steadily rising, and the energy rental function can better serve TRON ecosystem users. Data as of June 16 shows that the JustLendDAO platform has 37 billion energy available for users to rent, with over 65,000 addresses having participated in energy rental, fully reflecting the popularity of the energy rental feature.
In addition, users on the JustLend DAO platform can not only earn interest by providing assets but also receive additional rewards by storing USDD. USDD is a decentralized stablecoin co-initiated by JustLend DAO's sub-DAO—GrantsDAO in collaboration with the TRON DAO reserve fund. In January of this year, USDD upgraded to version 2.0. At the same time, JustLendDAO launched the USDD lending service, allowing users to earn returns by storing USDD, currently yielding approximately 6%. As of June 16, this fund pool has reached as high as 264 million USDD.
3. Decentralized stablecoin USDD
USDD is a decentralized stablecoin based on TRON. Currently, users can obtain USDD through two methods: one is by over-collateralizing quality assets such as "TRX, sTRX, USDT" to mint USDD; the other is using the stablecoin exchange tool PSM, directly exchanging USDT for USDD at a 1:1 ratio, with the entire process involving 0 GAS fees and 0 transaction fees.
According to official data, as of June 16, the total supply of USDD is approximately 430 million tokens.
Currently, USDD has seamlessly integrated with DeFi platforms like JustLend DAO and SUN.io, and has also established close cooperative relationships with compliant exchanges such as Kraken, HTX, Bybit, Gate.io, and Poloniex. On these platforms, users can stake USDD to earn high yields. This extensive ecological integration provides ample space for the circulation and application of USDD, enabling it to better integrate into various aspects of the cryptocurrency market and bring more value and convenience to users.
4. One-stop trading platform SUN.io
SUN.io is a one-stop trading platform based on the TRON public chain, integrating functions such as asset exchange, MEME asset issuance, liquidity mining, and DAO governance, aiming to provide efficient and secure asset trading services for the TRON ecosystem.
Currently, the product function matrix of SUN.io mainly includes the following sections:
● SunSwap (Trading Core Engine): This is a trading platform based on the AMM mechanism, having gone through three versions of upgrades: V1, V2, and V3, with current transactions primarily occurring in the V3 section.
● SunCurve and PSM mainly focus on stablecoin asset trading, with PSM being a stablecoin exchange swap tool specifically launched for the stablecoin USDD, supporting users to exchange USDD with stablecoins like USDT/USDC/TUSD at a fixed ratio of 1:1, with 0 slippage and 0 transaction fees.
● SunPump is the latest product launched by Sun.io, positioned as the first platform in the TRON ecosystem dedicated to the fair launch of meme coins.
● SunBoost (Liquidity Incentive Center): This is the platform's LP staking mining module, where users can stake SunSwap's LP tokens to earn token rewards, being the core mechanism for liquidity incentives.
● DAO governance system: Supports users' participation in SUN.io platform governance and incentive distribution decisions through the veSUN model, building a community-led governance structure.
From a data perspective, SUN.io's performance is outstanding. According to DeFiLlama data, as of June 16, the value of the crypto assets locked on the SUN.io platform (TVL) exceeded $952 million, consistently ranking in the top three on the TRON network and sixth in the entire DEX sector.
Moreover, according to SunScan official browser data, SUN.io's trading activity is also impressive, with approximately 120,000 transactions processed by SunSwap in the past 7 days, and the trading volume exceeding $770 million. In the last week, the number of active addresses on the platform has surpassed 15,000, and the current cumulative number of trading liquidity pools exceeds 25,000, covering a wide range of asset structures from stablecoins, mainstream assets to meme long-tail assets, forming a diverse and inclusive financial ecosystem.
In addition, the SUN platform token has also shown a good development trend. Its circulating market value is approximately $341 million, and the current number of tokens that have been burned has exceeded 500 million, with a clear deflation path. The token model and platform value growth form a close linkage, and with the continuous development and growth of the platform, the value of the SUN platform token is also expected to continue to rise, bringing more benefits and returns to users.
5. Fair issuance platform for MEME assets: SunPump
SunPump is a fair issuance platform for MEME assets meticulously created by Sun.io. Relying on the strong technical infrastructure and large user base of TRON, SunPump quickly gained popularity after its launch in August 2024, consistently ranking in the top three in the fiercely competitive MEME issuance sector.
In the first month after its launch, SunPump demonstrated astonishing explosive power, with a single day's issuance of MEME reaching an incredible record of 7,351, and daily earnings hitting as high as $560,000, at one point surpassing the industry leader PumpFun.
According to Dune data, as of June 16, the number of tokens created on the SunPump platform has exceeded 98,000, with approximately 1,850 tokens launched on Sunswap. Since the protocol's launch, cumulative captured revenue has surpassed $10 million. This series of impressive data undoubtedly serves as strong evidence for the robust development of the SunPump platform.
In terms of ecological performance, there are currently four MEME tokens with a market value exceeding $10 million, such as SUNdog and PePe.
In terms of product functionality, the SunPump platform continuously iterates and upgrades around three core areas: token creation, transaction growth, and community interaction. The platform has successively launched new features such as Sunflare (which helps users discover potential projects in a timely manner), Ranking System (which provides real-time ranking of tokens based on key indicators such as trading volume and number of holders, offering users clear investment references), and CEX Listing Apply (where project parties can submit centralized exchange listing applications directly through SunPump, broadening channels for project development), greatly enhancing user experience and further expanding the platform's ecological boundaries, making it a more complete and diverse MEME asset issuance and trading ecosystem.
In terms of product innovation, SunPump is actively striving for breakthroughs. Last year, the Sun Agent Launch introduced the intelligent assistant Sun Agent, optimizing AI-driven tools and services, providing creators and traders with a more convenient content generation and management experience. In March of this year, the platform innovatively launched AI Agent @SunGenX, supporting a lightweight token creation function "issue tokens with a tweet." Users can easily issue MEME tokens with just one tweet, significantly simplifying the token issuance process.
Conclusion
Currently, TRON occupies a crucial position in the public chain arena, with ecological data showing a continuous strong growth trend, driven by multiple synergistic factors working together.
The outstanding achievements TRON has made in the three key areas of user scale, asset volume, and ecological protocol development have formed the "three driving forces" behind its thriving ecosystem, leading TRON to sprint forward in the cryptocurrency track, unstoppable.
Core protocols and modules such as Sun.io, SunPump, JustLend DAO, and USDD provide users with a rich variety of financial products and services, meeting different investment and trading needs. These core product matrices are not only a solid pillar of the TRON ecosystem but also a key force for maintaining its leading position in the DeFi field. They continuously drive the entire ecosystem towards a more prosperous, diversified, and innovative direction.
Looking ahead, TRON is expected to continue writing brilliant chapters in the cryptocurrency market, leveraging its profound technical foundation, large user base, and strong ecological synergy effects, creating a more open, efficient, transparent, and inclusive financial ecosystem for global users, truly becoming a key infrastructure that drives decentralized finance and illuminates every corner of the globe.