400 Million Accounts: TRON Reaches New Adoption Record

The Tron network has just crossed a new milestone with over 400 million registered accounts. This progress comes less than three years after surpassing 200 million accounts and confirms its growth. Since its launch in June 2018, the network has gradually established itself in stablecoin transfers. Its cumulative volume approaches $30 trillion, while USDT represents the engine of this usage.

In brief

• TRON surpasses 400 million accounts, having doubled its base in less than three years.
• The network has processed over 15.2 billion transactions, with a cumulative volume close to $30 trillion.
• USDT remains at the heart of the activity, with 51.4% of USDT in circulation on TRON.
• TRON Inc. now holds 711.5 million TRX, after purchasing an additional 145,199 tokens.

The TRON network launched its genesis block in June 2018. It took four years to reach the first 100 million accounts. Then, growth accelerated with the crossing of 200 million in the fourth quarter of 2023. The milestone of 300 million was reached in the second quarter of 2025, before a progression of 100 million in just a few months.

On August 23, Tron surpassed 400 million accounts. This milestone shows an increase in the registered base since the network's launch. Daily data thus provides a different perspective on the actual use of the blockchain.

Since its launch, the network has processed over 15.2 billion transactions according to TRANSCAN data. Its total transfer volume approaches $30 trillion. This activity places the network among the most active settlement systems in the global crypto sector to date. The evolution of the TRX price does not change this measure, which is based on operations conducted on the network.

The network's growth seems particularly linked to stablecoins, especially USDT. Tron currently manages 51.4% of all USDT in circulation. This amount reached $94.2 billion this week, after an increase of about $3 billion in a single day. These figures show the growing weight of digital dollar transfers on the blockchain.

Over the last 30 days, the Tron network has recorded an average of 4.64 million active accounts each day. Meanwhile, the blockchain adds about 170,000 new addresses daily. This dynamic remains high and shows that Tron maintains intense activity related to payments and stablecoin movements.

According to a report from Bitcoin News, Tron already captures 52% of low-value USDT transfers worldwide. This share suggests a crucial use for retail payments and cross-border transfers. In contrast, daily activity data shows a more nuanced situation compared to other networks.

The jump to 400 million accounts surpasses the cumulative figures of some older networks. However, Ethereum maintains a clear lead when observing daily active addresses. More than 500,000 addresses transact there daily, compared to about 350,000 for Bitcoin. Thus, the total number of accounts and daily activity do not describe exactly the same reality.

In this context, Tron continues a trajectory primarily oriented towards payments and stablecoin transfers. This specialization explains part of its importance in USDT settlements. It remains to be seen whether this usage can gradually extend to other segments of on-chain finance. Future development will depend notably on the network's ability to broaden uses beyond transfers between wallets.

Moreover, Tron Inc., the corporate treasury branch of the network, has purchased an additional 145,199 TRX. The company paid an average of $0.3444 per token, bringing its holdings to 711.5 million TRX. Their value reaches approximately $245 million. At the time of writing, the TRX price was around $0.3344, with a market capitalization of about $32.6 billion.

In the short term, the growth of accounts confirms a continuous expansion of the ecosystem. However, the comparison with Ethereum shows that cumulative size alone is not sufficient to measure a network's vitality. Tron will thus need to demonstrate whether its role in USDT payments can support broader diversification. The evolution of uses will primarily allow for measuring the real impact of this new milestone.