TRON Network Surpasses 95 Million Addresses: A Sign Of Growth
The TRON network has achieved a remarkable milestone, surpassing 95 million addresses.
This figure is particularly noteworthy when compared to other layer 1 networks like Cardano and Avalanche, which have fewer than 10 million addresses each.
There are more than 95 million TRON network addresses! Quite an impressive number, considering other layer 1 networks like Cardano and Avalanche have fewer than 10 million addresses. The consistent growth in addresses highlights the growth @trondao is fostering. pic.twitter.com/N7dZqobRlz
— IntoTheBlock (@intotheblock) February 28, 2024
The steady increase in TRON addresses is indicative of the expansion efforts spearheaded by @trondao.
According to data from cryptorank, TRON currently occupies the 4th position among the Top 15 Blockchains by the Number of Unique Addresses.
Top 15 Blockchains by the Number of Unique Addresses@BNBCHAIN – 425M@0xPolygon – 406M@ethereum – 259M@trondao – 214M@FantomFDN – 172M@Optimism – 124M@NEARProtocol – 99M@base – 65M@Aptos_Network – 27M@MoonbeamNetwork – 20M@arbitrum – 17.9M@avax – 17.7M… pic.twitter.com/lGYGfjTaea
— CryptoRank.io (@CryptoRank_io) February 28, 2024
With 214 million unique addresses, TRON follows closely behind BNBCHAIN with 425 million, 0xPolygon with 406 million, and Ethereum with 259 million.
Rumours On Tron ETF Sparks Alive
In a significant development for TRON adoption in Europe, VanEck, a major global asset manager, has listed a TRON Exchange Traded Note (ETN) on the Deutsche Börse.
This listing marks a significant step forward in expanding TRON’s global presence and accessibility to European investors.
The move has sparked speculation among investors, with Justin Sun, the founder of TRON, hinting at the possibility of a TRX ETF in the future.
Did you know #TRONICS…
VanEck, a major global asset manager, has a TRON ETN (VTRX) listed on the Deutsche Börse? This is a major step forward for TRON adoption in Europe, broadening #TRON global presence. https://t.co/I97EjfmKmq
— TRON DAO (@trondao) February 28, 2024
The increasing number of addresses on the TRON network reflects growing interest and participation in the TRON ecosystem.
As more users and investors engage with the platform, TRON continues to solidify its position as a prominent player in the blockchain industry.
The surge in addresses underscores the community’s confidence in TRON’s technology and its potential for future growth and innovation.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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Filed under: Bitcoin - @ February 29, 2024 2:24 am