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Tron account growth on the network sees huge growth according to weekly report

  • Accounts of the Tron network surpasses the 8.3 million versus just 2.3 million at the start of April.
  • Tron were somewhat surprised about the limited reaction TRX saw on the back of the USDT announcement, they were anticipating a rally.

The weekly report was recently released by the Tron Foundation, detailing their latest development updates around the Tron network and ecosystem.

Tron network managed to reach a whopping 8.3 million accounts utilizing their ecosystem. It was a huge jump, as at the start of the month, it was only on a reported 2.3 million, large growth in a matter of weeks.

Separately, an interesting point within the report was they were expecting a rally for Tron (TRX) with the USDT announcement, but limited reaction for of TRX, as the price remained stable, with little influence.

Author

Ken Chigbo

Ken Chigbo

Independent Analyst

Ken has over 8 years exposure to the financial markets. He started his career as an analyst, covering a variety of asset classes; forex, fixed income, commodities and equities.

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