NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Tron Network Reaches Major Milestone With 6 Million Addresses

Priyeshu Garg
Priyeshu Garg
5 years ago
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Justin Sun, the founder and CEO of Tron, announced that the Tron network has reached a major milestone with 6 million addresses registered. The increase in the number of addresses follows the increase in the number of dApps built on the network, which reached 768 in total last week.

10,000 New Addresses Created on Tron Every Day

Tron, the decentralized blockchain network founded by Justin Sun, has seen a significant increase in use this year, despite the fact that its market cap has been declining. 

Justin Sun announced today that the Tron network has reached a major milestone—there are currently over 6 million addresses on the blockchain. 

Data from blockchain explorer Tronscan showed that there has been a steady growth in the number of new addresses created on the network in the past 14 days, averaging at 10,000 per day.

      Graph showing the account growth on the TRX network in the past 14 days. 

New Tron Dapps Could Be Behind Latest Address Increase

Data from a blockchain analytics tracker also showed that there have been 1.3 million transactions on the main chain and the Sun Network on May 28, which is a steep increase from the 1 million transactions that were processed on the network on May 27. 

                Graph showing the number of daily transaction on the TRX network in the past 14 days

The fact that the account growth isn’t mirrored in TRX’s price growth indicates that it might have been a result of an increasing number of decentralized applications (dAps) being built on the network. 

According to the latest Dapp Weekly Report, there are currently 768 dapps on the network, with the growth of the platforms, games, and services being built on the network remaining stable for the past week. 

According to @dapp_review, the number of #TRON #Dapps reached 768 with 5 new #Dapps and signaling a stable development. #TRON’s #Dapp ecosystem is growing at a steady pace. We welcome more users and developers to join us. #TRX $TRXhttps://t.co/01ldyPGokL

— H.E. Justin Sun 孙宇晨 (@justinsuntron) May 29, 2020

The report showed that from May 23 to May 29, there were 518,000 transactions processed on dapps based on the network, with more than $4.1 million traded. 

The report also showed that the majority of dapps on the Tron network were gambling and other high-risk categories, while exchanges made up the smallest portion of the dapps built on the platform.

Tron

                                      The Dapp Weekly Report summary. (Source: TRX Foundation)

Sun’s company has been on an acquisition spree after acquiring BitTorrent, Steemit, and Poloniex. It is also trying to capture the stablecoin market by hosting Tether on the blockchain and by launching its own stablecoin called USDJ.

Featured Image from Shutterstock
Tweet123Share219ShareSend
Priyeshu Garg
Priyeshu Garg

Priyeshu Garg

Priyeshu is a software engineer who is passionate about machine learning and blockchain technology. He built his first digital marketing startup as a teenager and worked with multiple Fortune 500 companies. He's an alumnus from mass-transit app Ola and holds a degree in computer science engineering. He likes to write bots in his free time.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin price crash

50% Bitcoin Price Crash On The Horizon? Analyst Reveals $60,000 Target

Despite the Bitcoin price holding up quite nicely above $100,000 and remaining very close to its all-time high levels, there...

Scott Matherson 3 hours ago

Станут ли 600 000 BTC точкой невозврата?

Запас биткоинов MicroStrategy составляет 597 325 биткоинов общей стоимостью почти $65 млрд, и следующий шаг может привести к тому, что...

lisachaikina 4 hours ago
Bitcoin

Bitcoin Back In ‘Retesting Phase’ After Key Level Reclaim – The Calm Before The Storm?

After achieving its highest weekly close to date, Bitcoin (BTC) is now attempting to confirm two crucial levels as support...

Rubmar Garcia 6 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Theta Network Welcomes Prestigious Hongik University as the 21st Academia Customer of EdgeCloud Hybrid

News BTC 23 minutes ago
Ethereum

Ethereum Sees $6 Billion In Tokenized Funds As Big Players Jump In

Christian Encila 53 minutes ago
Alternatívna kryptomena k DOGE, ktorá môže zmeniť 650 $ na 65 000 $ za iba 4 mesiace

Alternatívna kryptomena k DOGE, ktorá môže zmeniť 650 $ na 65 000 $ za iba 4 mesiace

newsbtc 2 hours ago

Premium Sponsors

Press Releases

  • こちらがご希望のリライト案です。キーワード「アルトコイン」をタイトルの最初に入れています。

    ...

    8 minutes ago
  • Mobile phone is a mining machine! ETHRANSACTION launches...

    33 minutes ago
  • SEC, Quidax Bring Together Top Banks, Asset Managers to...

    3 hours ago
  • Wzrost altcoinów zgodny z tematyką artykułu

    3 Altcoins, na które warto zwrócić uwagę w pierwszym...

    3 hours ago
  • MEXC Ventures Hosts Successful “Kickstart Your...

    3 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.