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TRON smashes 392 million address mark! What do the fresh inflows and price levels reveal?

TRON smashes 392 million address mark! What do the fresh inflows and price levels reveal?

CointurkCointurk2026/07/09 09:06
By:Cointurk

The total number of wallet addresses on the TRON network has now soared past 392 million. This milestone for the fast-growing blockchain comes amid a period of relative price stability for TRX and sustained institutional interest.

A landmark in network data

Data from TRON’s official blockchain explorer confirm that over 392 million accounts have been created on the network to date. Unlike active daily or monthly user figures, this metric captures all wallet addresses generated on the blockchain since inception.

Since launching its independent mainnet in 2018, TRON has emerged as one of the major infrastructures for stablecoin transfers and decentralized content distribution. According to DeFiLlama, TRON boasts a commanding share of USDT transactions among blockchain networks worldwide.

Quick glossary: TVL, or Total Value Locked, represents the total value of assets locked in decentralized finance applications on a blockchain. This metric is widely used to monitor capital intensity and network usage.

The technical capacity of the network reaches up to 2,000 transactions per second, while average fees hover around 0.0003 TRX. These attributes—low costs and high throughput—continue to attract major players like Binance, HTX, and Tether to the ecosystem.

Lookonchain announced that TRON’s total value locked (TVL) has increased by $1.95 billion since July 1, marking a 7.8 percent jump.

According to Lookonchain, the value locked within the TRON ecosystem has surged by $1.95 billion since the start of July, reflecting a 7.8% rise. This acceleration points to increasing on-chain activity over recent weeks.

Indicator
Data
Total addresses Above 392 million
TVL increase $1.95 billion
TVL change 7.8%

Eyes on the 0.35 dollar price barrier

TRX was trading at $0.3321 with a 1.13% gain over the past 24 hours. During the same period, trading volume hit $492.43 million and its market capitalization reached $31.5 billion.

Technical analyst Umair Orakzai flags that TRX is holding a key support level, which is vital to maintaining the current bullish setup. In Orakzai’s view, the $0.35 mark is the critical resistance to watch in the short-term outlook.

Umair Orakzai emphasizes that holding above the current support area is positive for the chart, but breaking through the resistance zone will be decisive for further moves.

Market observers suggest that a strong breakout above $0.35 could boost buying interest in TRX. Conversely, if there’s only a fleeting move past resistance followed by a sharp pullback, renewed selling pressure may take center stage.

Institutional purchases continue

TRON Inc., which trades publicly on Nasdaq, recently bought an additional 151,322 TRX at an average price of $0.3304. As a result, the company’s treasury holdings have climbed above 704 million TRX. TRON Inc. is positioning itself as a leading entity intent on growing its TRX-focused digital asset reserves.

Management has announced that it intends to keep accumulating, aiming to deliver long-term value to shareholders. Meanwhile, the TRX DAO has linked the rise in account numbers to the network’s broader goal of increasing decentralization.

Industry insiders note that evolving regulatory frameworks in the European Union and the United Arab Emirates could impact TRON’s ability to forge new institutional partnerships in the coming period.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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